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How do you calculate the annual interest rate of 12% compounded monthly. I know how to do for annually but not monthly. You are offered the opportunity to put some money away for retirement. You will receive 10 annual payments of $4,500 each beginning in 26 years. If you desire an annual interest rate of 12% compounded monthly. I know the formula setup is: (4500/((1.12)^26..... etc... I'm not sure how the monthly is calculated Can you advise?
A national car rental agency asks, “Do you want to bring back the economy-class car full of gas or with an empty tank? If we fill up the tank for you, we’ll charge you $3.50 per gallon, which is 50 cents less than the local price for gasoline.” Which..
Marge opens an oxygen bar in a building she owns. She utilized to rent the building to her brother in law.
Foreign investment has been called both a blessing and a curse for developing countries. Explain how this can be the case. What has to happen for foreign investment to be considered more consistently as a blessing?
The behavioral economist Robert Frank speaks of the bounded nature of rationality in his 2008 interview (Challenge 2008) and discusses the axiom of the independence of irrelevant alternatives in rational choice theory.
US exports oil at the world price, $45 per barrel. The domestic supply curve in barrels per day is S = 7,500,000 + 1,500,000P with P in dollars. Domestic demand curve is D = 15,000,000 – 500,000P. Draw the US demand and supply curves for oil and indi..
What is the independent variable? What is the dependent variable? What is the intercept? What is the slope? Which equation represents demand side? Which equation represents supply side? What are endogenous variables in this model? What are exogenous ..
Hint: Consider how elastic the saving was. Does the interest taxation increase equity without reducing efficiency?
Also explain and illustrate how the terms of trade determine the extent to which each country specializes and then finally explain and illustrate the mutual benefits of trade.
What are congestion effects? How can congestion effects be combated? Provide examples in today's contemporary business environment where congestion effects have been experienced and overcome by organizations.
Choose the statement about inflation rate targeting that is incorrect
Desired consumption and investment are Cd = 4000 - 4000r + 0.20Y; Id = 2400 - 4000r. As usual, Y is output and r is the real interest rate. Government purchases, G, are 2000. Given the consumption function, what the value of the MPC? Given the saving..
Divide the Banzhaf power index by the number of votersin state. Are votersin small states or are votersin big state more powerful, according to this measure.
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