Curly Usually Drives on the Freeway to Get to Work,but

question 90

Multiple Choice

Curly usually drives on the freeway to get to work,but this morning he heard on the radio that there was a major accident causing a long traffic back-up at the first downtown exit.So,Curly decided to drive on side streets to get to work.When Curly started driving he noticed that:

• A)more people than usual were taking the side streets downtown.
• B)the side streets were about as crowded as they usually are.
• C)fewer drivers were using the side streets than usual.
• D)more people were getting on the freeway than usual.

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The amount of money or consideration exchanged for the ownership or use of a good or service.

Business

An organization or enterprising entity engaged in commercial, industrial, or professional activities, often structured to produce and sell goods and services for profit.

Present Value

Present value represents the current value of a future amount of money or series of cash flows, discounted at a certain rate of return.

Discount Rate

In finance, the rate used to discount future cash flows to their present value, essentially reflecting the time value of money and risk.