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Twelve payments of ?$11,000 each are to be repaid monthly at the end of each month. The monthly interest rate is 4?%. a. What is the present equivalent? (i.e., P0?) of these? payments? b. Repeat Part? (a) when the payments are made at the beginning of the month. Note that the present equivalent will be at the same time as the first monthly payment. c. Explain why the present equivalent amounts in Parts? (a) and? (b) are different.
Please provide answers to the following using supply and demand curve diagrams. What is the effect of a decrease in the price of rubber on the new car market? What effect might cause the price of milk to fall and the quantity to fall also?
The first audit of the books of Bruce Gingrich Company was made for the year ended December 31, 2015. At the beginning of 2013, the company purchased a machine for $494,300 (salvage value of $52,600) that had a useful life of 6 years. The bookkeeper ..
Assume the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good.
Americans already enjoy living standards that far exceed world averages. How is the US able to produce so much with only 5% of the worlds arable land and 12% of the population? Describe at least three factors that impact US productivity. Economics
Suppose the monopolist faces the following demand curve: P = 100 3Q. Marginal cost of production is constant and equal to $10, and there are no fixed costs. What is the monopolist’s profit maximizing level of output? What price will the profit maximi..
The state of Delaware issued and 8.75% bond with a face value of $1000 the bond sales for $1000 improvise 8.75% yield to maturity what-year-old on a corporate bond would result in both bonds providing the same after tax rate of return to an investor ..
Karen Dynan, a former Federal Reserve economist, was quoted as stating: The size of the Fed’s balance sheet, which has more than doubled since the financial crisis of 2008, and the large amount of reserves sitting at the Fed has made officials at the..
The government imposes a $1.10 excise tax on the sale of every 2 liter bottle of soda. The tax is to be paid by the producers of soda. The figure below shows the annual market for 2 liter bottles of soda before and after the tax is imposed.
Imagine that you are an international reporters. You have been tasked with describing and critiquing the current state of the U.S. economy.
Regarding inflation, as I mentioned earlier, the recent effects of lower prices for crude oil and for imports on overall inflation are expected to wane during this year. Explain why the FOMC is concerned not only about actual recent inflation rates a..
Consider a consumer who spends all of her income on two goods. Prove that it is impossible for both goods to be inferior for this individual. (Suppose the assertion is not true. Write algebraically what this means, and derive a contradiction by using..
Why is your topic important? What is(are) the policy(s) that you are going to discuss in your paper? Identify the relevant literature. This is for a writing intensive labor market economics class. I need about a page and a half meeting the above crit..
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