Problem
1. Describe a decision problem that you have faced recently (or with which you are currently struggling). Describe the decision context and your objectives. What were the specific decisions that you faced, and what were the relevant uncertainties? Describe the possible consequences.
2. Calculate the net present value of a business deal that costs $2,500 today and will return $1,500 at the end of this year and $1,700 at the end of the following year. Use an interest rate of 13%.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.