The problem that occurs when respondents rate everything as average is called:

What is the approximate IRR for a project that costs $100,000 and provides cash inflows of $30,000 for six years?

A) 80.0 percent B) 19.9 percent C) 30.0 percent D) 32.3 percent

You have to make a balloon payment on your house five years from now of $15,000. If money

can earn an average of 6 percent a year for the five-year period, how much will you have to place in the account today to have the $15,000 in five years? A) $11,193.00 B) $11,208.87 C) $20,073.00 D) $20,101.50