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An engineering firm estimates that its cost for employer sponsored health insurance will be $750,000 next year and increase at 9% per year for the next 8 years. The company CFO wants to budget a uniform amount each year to cover these costs. If the firm's rate of return is 8% per year, how much should be invested each year for employer sponsored health care? Express your answer in $ to the nearest $1,000. Please provide all steps.
Assume the inflation rate is constant. Write down this number on a piece of paper because you will need the information for a subsequent question.
you know that one senator on the Environmental Subcommittee will ask you to justify why the firm should not be charged a per-unit tax on the firm†TM s output to compensate for the pollution it discharges into a major river.
q1. due to the housing bubble many houses are now selling for much less than their selling price just two or three
How would your answer to Part A change if economic growth is average and Petal Providers' net profit margin is 7 percent?
Raisin bran and milk are complementary goods. A decrease in the price of raisins will:
Why does the concept of money neutrality imply that monetary policy to stimulate investment will be ineffective in the long run?
The total demand as well as for money is equal to the transactions demand as well as plus the asset demand as well as for money.
Illustrate difference between economies of urbanization and economies of localization. Give examples of each.
Which of the following statements concerning the variables in a regression analysis is true?
the achievement of which will not selectively also materially benefit the membership or the activities of the organization" are called.
Why are trade agreements important for the various countries involved? How is international trade related to the U.S. standard of living as opposed to the standard of living of a small industrial nation or a developing nation
Given a daily traffic rate of 6000 cars, a toll of $26.00 per car, and a price elasticity of -1.4. What would be the effect of a 50% decrease in price on the traffic rate and daily revenue?
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