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Earn +20 ptsQ: What is the value today of 1000 pounds in 2000?
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How many pounds are in a ton in weight?
2000
What is 1000 ton?
1 ton equals 2000 pounds
0.5 tons equals how many pounds?
1 ton is 2000 pounds, therefore 0.5 tons is 1000 pounds
How many pounds in 1 half ton?
1000 pounds is half because 2000 is a whole pound
Would you rather receive a 1000 today or 2000 in 10 years with a discount rate of 8 percent?
1000 today since I am not sure I will be alive in 10 years to collect the 2000.
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