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Question: Use the spreadsheet developed for Problem to analyze 180-month and 360-month house loan payments. Analyze a $100,000 mortgage loan at a nominal interest rate of 7.5% and submit a graph of the interest and principal paid over time. You need not submit the printout of the 360 payments because it will not fit on one page.
Problem: Develop a general-purpose spreadsheet to calculate the balance due, principal payment, and interest payment for each period of a loan. The user inputs to the spreadsheet will be the loan amount, the number of payments per year, the number of years payments are made, and the nominal interest rate. Submit printouts of your analysis of a loan in the amount of $15,000 at 8.9% nominal rate for 36 months and for 60 months of payments.
how Pickens plan would affect the global price of oil
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Can someone please confirm that when we use Excel to run a regression analysis, the intercept and slope coefficients that Excel gives are population parameters
At the end of each year, a worker invests $2,000 into an account the draws 4% interest. The worker makes every payment for the next 30 years except for the payment at the end of year 10. That is, no money is invested at the end of year 10. How much m..
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how key biostatistical calculations and methods support the conclusions in each article. Cite relevant information from the articles that support your answer.
Think a country that initially consumes one hundred pairs of shoes per hour, all of which are imported. The value of shoes is $40 per pair before a ban on importing them is imposed.
How changing the price elasticity of demand from elastic to inelastic affects the consumer's economic burden of a tax and the government's collected tax revenues?
A noncompetitive firm with the cost function TC = 3 Q- 12Q2+ 185Q + 400 is facing the following demand function for its product Q = j6400 - 2P2 - Determine the firm's profit maximizing combination of price and quantity.
Compute the premium fee set by the insurer. With this level of risk premium, which of the two types will purchase insurance? Explain your answer.
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