Calculate the total amount john

Assignment Help Microeconomics
Reference no: EM133240973

ROY purchased a bond for $2100 at the bank.  The bond matures in 14 years.  If the bank is willing to guarantee a simple interest rate of 17% over the life of the bond, calculate the total amount John will have when the bond matures.  Round your answer to the nearest dollar (No Decimals).

Reference no: EM133240973

Questions Cloud

Discuss what you feel the issues or repercussions : ISS 240 University of Maine, Augusta Aspects of humans in the workplace, the role of HR policies and executives and tying security policies to performance
What is a social welfare utility function : What is a Social Welfare Utility Function (and the accompanying Social Welfare Indifference Curves, W1, W2, W3 from the lecture)?
Pros and cons of allowing employers to use electronic device : What are the pros and cons of allowing employers to use electronic devices to collect information about their employees' behaviors, at work
Describe descriptive epidemiologic factors : Describe the descriptive epidemiologic factors (person/place/time) you would use to evaluate populations at risk.
Calculate the total amount john : ROY purchased a bond for $2100 at the bank. The bond matures in 14 years. If the bank is willing to guarantee a simple interest rate of 17% over the life of t
Identify the beliefs and behaviors : ITEC 6721 Walden University - identify the beliefs and behaviors. In your report, discuss how understanding the unacknowledged beliefs and behaviors helped
Outline of an economic growth plan : Consider a tropical, developing nation which earns most of its national income from the world-wide sale of one agricultural crop.
Consumption of disneyland vs disneyworld : If Disney doubles admission prices at both parks, what will happen to the SoCal fan's relative consumption of Disneyland vs. DisneyWorld?
Cause dysfunction and result in disease : Evaluate two factors or actions that promote our health status. Evaluate two factors or actions that can cause dysfunction and result in disease.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd