Melinda can take $500 today, or she can wait 1 year and receive $550. the good news is that melinda does not need the money, so either way the money is a bonus. if she takes the money today, she’ll put it in the bank and receive a 3% rate of return (so she would have a total of $515 a year from now). if melinda does, in fact, take the $500 today, you could say that:

Assuming Melinda is a rational person which maximize his returns:

She has a project which yields more than the oppportunity cost of 10%

Assuming is not:

it will place it on the bank, generating 15 interest revenue from the accounting point of view

and lossing 35 dollars from the economic point of view.

Explanation:

She could earn 50 dollars in a year (550 - 500)

from the 500 initial invesment

this rate is: 50 / 500 = 10%

That will be the opportunity cost rate for Melinda.

If she takes the money today it will be because there is a potential project which yields more than this.

She will not put it in the bank as it will yield lower than 10%

employees use applications that are uniformed so that they are able to look over them more quickly because the do not want to spend a long time reading through the applications so they get all the infomation that the are looking for on the application they made so the do not have to read about unnessacary infomaton. so to make it simple it them find the person that they want to hirer faster with out wasting time.

i hope this i spelt things wrong i believe but this is why

mark me brainliest.

this website has me so much feel free to keep asking questions