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Question: A contractor is considering purchasing a CAT 635E scraper. The loan the contractor is considering is a 36 month loan and requires a down payment of $75,000 and monthly lease payments of $10.000. The contractor believes she will spend $500 on maintenance the first month the scraper is used. The maintenance cost is projected to increase by $I 00 a month for the life of the lease. The contractor will also spend $40,000 on the 12th and 24th month for new tires. How much monthly revenue must the 635E generate per month to offset the costs? Assume the lease has a 6% interest rate that is compounded monthly. Solve this problem by hand.
Which school of macroeconomic thought would most favor a rule that directed the Federal Reserve to expand the money supply at the same rate is the typical growth of the economy's production capacity?
two professors from the university of michigan offered a paper entitled dying to save taxes evidence from estate tax
Does this make economic sense? Explain the rationale behind equal prices for unequal distances in air travel using supply, demand, and cost curves.
What is an efficiency wage? Why is it profitable for the firm to pay it when workers have better information about their productivity than firms do?
Prepare a term paper on Discuss the contemporary issues in microeconomics in Nigeria - introduction, Literature review, conceptual framework, empirical review
E-Commerce to a certain extent are comprised of the same business models as traditional or brick and mortar businesses. One thing an entrepreneur must understand is how their business will earn money...ie a Revenue Model.
the government provides national dental benefits for all U.S. citizens that cover 100% of the cost of all dental services. There are two effects of this policy. First, there will be an increase in the number of consumers of dental services. Second..
analyze the Learning Objective of, "Compare profit-maximizing strategies based on market structure". In your analysis please address two of the four market structures.
Identify & describe two different roles that interest rates play in the economy. Does a change in an interest rate indicate that a change in some part of the economy is occurring Explain.
Bridget has a limited income and consumes only wine and cheese. Her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle and the price of cheese is $4 per pound.
define protectionist policies and describe how the imposed restrictions work and analyze the impact of such
Determine the impact for the speed
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