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You open a savings account to save retirement. Every month you put $100 into a savings account which pays 8% interest compounded monthly. At the end of each year you receive a $500 bonus which you place directly into your retirement fund. How much is in this account after 40 years? Please do not show Excel formulas. I am looking for a standard set of equations that can be done with a simple calculator or by hand. Thanks. Will rate fast for easily understandable answers.
How is law of diminishing returns reflected in shape of total product curve. Illustrate what is relationship between diminishing returns and stages of production.
How much output is lost as a result of deaths from secondhand smoke, according to the news.
During course of twentieth century, average workweek in United States has gotten shorter and Americans have enjoyed greater amounts of leisure time. How has this development affected potential GDP and labour productivity.
Ilustrate what concern would you have about this sale and or lease back contract. Explain how would you price these two events differently.
If the Treasury has just paid for a supercomputer and as a result its deposits with the Fed fall, illustrate what defensive open market operations will the manager of the open market desk undertake.
Firm x develops a new product and gets a head start in its production. Other firms try to produce a similar product but discovers they have higher average total cost than the existing firm. This situation illustrates what
Based on this information, discuss industry concentration, demand and market conditions, and the pricing behavior of Kodak in the 1990s. Do you think the industry environment is significantly different today? Explain
What is approximately maximum amount rm is willing to pay to be allowed to use e more units of input x, for e small.
When the Federal Reserve utilizes open-marketplace operations to raise the Federal funds rate several times over a yr.
Assume that every driver faces a 1% probability of an automobile accident every year. An accident will, on average, cost each driver $10,000.
Indicate how Ford's management should use this information to make sound strategic decisions.
A mathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double. Elucidate how long will it take Mexico's real GDP per person to reach the level that the United States was at..
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