Ashley, Has Discovered Another Wine, Wine D

question 9

Multiple Choice

Ashley, has discovered another wine, wine D.Wine drinkers are willing to pay 40 dollars to drink it right now.The amount that wine drinkers are willing to pay will rise by 20 dollars each year that the wine ages.The interest rate is 10%.How much would Ashley be willing to pay for the wine if he buys it as an investment? (Pick the closest answer.)

• A)200 dollars
• B)40 dollars
• C)93 dollars
• D)440 dollars
• E)71 dollars

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Definitions:

Unsystematic

Lacking method or system in organization or in the execution of something, leading to unpredictability or disorder.

Personality Theorists

Researchers or theorists who study and analyze the patterns of thoughts, feelings, and behaviors that make a person unique.

Karen Horney

A psychoanalyst known for her theory of neurotic needs and for challenging some of Freud's theories, especially those concerning women.

Gordon Allport

A pioneering psychologist known for his theory of personality traits and emphasis on the uniqueness of the individual.