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1. How much money would be accumulated in 5 years with an initial deposit of $10,000, if the account earned interest at 12% per year for the first 3 years and at 15% per year for the last 2 years?
2. On the day your daughter is born, you deposit $1,000 in a college savings account that earns 8% compounded annually. On each of her birthdays thereafter, up to and including her 18th birthday, you deposit an additional $1,000. How much money is in the college account day after her 18th birthday?
Sweetgrass Radiology Labs has a fixed amount of radiology equipment. The laboratory can hire any number of radiology technicians per hour to produce radiographs, which are displayed on a screen.
Demand for airline tickets fluctuates throughout the year, which affects the price of an airline ticket. Suggest the type of game that may be most appropriate for a specific airline to play to address the differences in demand and elasticity and the ..
Assume wages are your only source of income. How will this increase in price affect you?
Write a five-to seven-page financial statement analysis of a public company, formatted according to APA style as outlined in the Ashford Writing Center. In this analysis you will discuss the financial health of this company with the ultimate goal ..
Your accountant tell you that it cost $400 to set up an immunization program at a preschool and immunize one child against polio. It will cost $460 more to immunize 20 more children. What is the cost per child for the first child? What is the cost pe..
Why are coal miners in China paid higher than factory workers even though they have received more or less the same level of education and training? Why are workers with good looks paid higher in some jobs, but not in others?
What is the optimal system of intellectual property rights to encourage innovation? Empirical evidence from economic history can help to inform important policy questions that have been difficult to answer with modern data: For example, does the exis..
AMS recently instituted an in-house recycling program. Profits of this program include not only profits to environment of recycling. Illustrate what level of Q maximizes profit of recycling.
What should be the production level if the producer operates in a monopolistic competitive market where the price of software at each possible quantity is also listed above?
Why is economics a science of choices? Explain the kinds of choices confronting workers and employers in labor markets. Distinguish between microeconomics and macroeconomics.
Write a difference equation for the amount of water in a reservoir behind a dam on a river. The reservoir holds 1 billion gallons of water when full. Annual water loss through evaporation equals 10% of the total in the reservoir.
A county is considering building a temporary road to cut travel time during the two years it will take to build a permanent highway. The temporary road can be put up in the beginning of the project at a cost of $900,000. Total maintenance cost of the..
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