Ashley,has Discovered Another Wine, Wine D

question 1

Multiple Choice

Ashley,has discovered another wine, wine D.Wine drinkers are willing to pay 60 dollars to drink it right now.The amount that wine drinkers are willing to pay will rise by 15 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)84 dollars
• B)150 dollars
• C)60 dollars
• D)660 dollars
• E)86 dollars

---

Definitions:

Acid-Catalyzed

A chemical reaction that is accelerated in the presence of an acid, which acts as a catalyst to increase the rate of the reaction.

Organic Product

A compound or material derived from living organisms or produced through organic reactions.

Acid Catalyst

A substance that increases the rate of a chemical reaction through donation of protons (H+ ions) without undergoing any permanent chemical change itself.

Acyclic Compound

A chemical compound that does not contain any rings in its structure, consisting of linear or branched chains of atoms.