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you open a savings account to save for retirement. everymonth you put in $100 which pays 8% interest compoundedmonthly. at the end of each year you recieve a $500 bonuswhich you place directly into your account.how much is in this account after 40 years?
A purely competitive firm finds that the market price for its product is $20. It has a fixed cost of $100 and a variable cost of $10 per unit for the first 50 units and then $25 per unit for all succcessive units.
Recently, the Boeing Commercial Airline Group ( BCAG) recorded orders for more than 15,000 Jetliners and delivered more than 13,000 airplanes. To maintain is output volume, this Boeing division Combines efforts of capital
go to FRED and search for UNRATE and compare the most recent unemployment rate to the rate associated with full employment as defined by the series NROU on FRED. Note that NROU is quarterly data so match the quarter with the most recent unemployme..
Annual maintenance of the vehicle is estimated to cost $700 per year. The cost of recharging the batteries is estimates at $0.015 per mile. The salvage value of the batteries and the vehicle at the end of 12 years is estimated at $2000. Consider t..
Suppose that the demand for Federal funds curve is such that the quantity of funds demanded changes by $120 billion for each 1 percent change in the Federal funds interest rate. Also, assume that the current Federal funds rate is at the 3 percent ..
Kyle is an English PhD student; there is some chance he will get a prestigious university job that will pay him $80,000/year (probability p). If he does not get this job, he will have to take a job at Starbuck's, paying $25,000/year (probability (..
The football coach at Midwestern university was given a 5 year employment contract that paid $225,000 the first year, and increased 8% uniform rate in each subsequent year. At the end of the first year the alumni demanded that he be fired.
Assume the demand function for basketballs is given by QD = 150 - 3P + 0.1I, where P = price of a basketball and I = average income of consumers. Also, assume the supply of basketballs is given by QS =2P. If the market for basketballs is perfectly..
ABC Corporation's recently issued bonds paying interest semiannually and maturing in 10 years. The face value of each bond is $1000, and 6.8% is the nominal interest rate. (a) What is the effective interest rate an investor receives.
Assume there are 600,000 residents of whom there are 20,000 residents under the age of 16, there are 30,000 institutionalized adults, there are 50,000 adults not looking for work, and there are 140,000 unemployed who are actively looking for work
The Morton Company produces and sells two products, A and B. Following financial data on the products is available: Product A Product B Selling price $10.00 $12,00 Variable costs $5.00 $10.00 Fixed costs $2000.00 $600.00 Machining time 0.5 hrs 0.25 h..
Suppose that there are two types of players, good and medium. the team demand curve for top-quality players is Q = 27 - 5 w , and the market supply of top players is Q = 4w, where w is the wage in millions of dollars.
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