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To: The Ghost of FReepers Past
Yes. They didn't specify which "(country currency)." It makes a huge difference if you don't have all the required information to solve a problem.

jk

46 posted on 11/19/2015 9:18:47 AM PST by ProtectOurFreedom (For those who understand, no explanation is needed. For those who do not, no explanation is possible)
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To: ProtectOurFreedom; The Ghost of FReepers Past

Actually, as pointed out, the “country currency” is very important. If the country’s inflation rate is 10000% like Brazil back in the late 80’s or many other places since, take the hundred now and spend it immediately. When the debt is due it will be pennies regardless of the answer to the question. :)


54 posted on 11/19/2015 9:28:01 AM PST by Magnum44 (I dissent)
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To: ProtectOurFreedom

Why not take the whole test? Five questions only:

1) Suppose you have some money. Is it safer to put your money into one business or investment, or to put your money into multiple businesses or investments?

ONE
MULTIPLE
DON’T KNOW
REFUSED

2) Suppose over the next 10 years the prices of the things you buy double. If your income ALSO doubles, will you be able to buy less than you can buy today, the same as you can buy today, OR more than you can buy today?

LESS
THE SAME
MORE
DON’T KNOW
REFUSED

3) Suppose you need to borrow 100 dollars. Which is the lower amount to pay back: 105 dollars or 100 dollars plus three percent?

105
100 + 3%
DON’T KNOW
REFUSED

4) Suppose you put money in the bank for two years and the bank agrees to add 15 percent per year to your account. Will the bank add MORE money to your account the second year than it did the first year, or will it add the SAME amount of money both years?

MORE
THE SAME
DON’T KNOW
REFUSED

5) Suppose you put money in the bank for two years and the bank agrees to add 15 percent per year to your account. Will the bank add MORE money to your account the second year than it did the first year, or will it add the SAME amount of money both years?

MORE
THE SAME
DON’T KNOW
REFUSED


64 posted on 11/19/2015 10:54:54 AM PST by SeekAndFind
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To: ProtectOurFreedom

BTW, if you got ALL questions right ( as I did ), you belong to the elite 36% of the world who did so as well.


65 posted on 11/19/2015 10:55:48 AM PST by SeekAndFind
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