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Andy promises to pay Opie ?$5,000 when Opie graduates from Mayberry University in 15 years. How much must Andy deposit today to make good on his? promise, if he can earn 3?% on his? investments?
How much must Andy deposit today to make good on his promise??
Suppose a consumer live two periods, in the first have an income m1 = 30 and in the second an income of m2 = 20. Suppose the interest rate is 10% and can borrow and lend at that interest rate. What is the maximum quantity he can consume in the first ..
What is the concept of Balance of Payment of a State? How would you distinguish the composition of the current, capital and monetary accounts of BOP? Differentiate between BOP and Balance of Trade between two countries.
Standard Industry Classification codes (SIC) are used for financial statement “benchmarks” analysis. Your company’s financial results would need to be compared to others. SICs provide the format to compare a particular company’s financial data to the..
What is the difference between price ceiling and a price floor? If a price ceiling for a good is set below the market equilibrium, what will happen to the quality and future availability of the good? Explain.
Discuss ways in which you would develop a performance measurement system for a firm that purchased a supplier of its intermediate goods.
A.) Calculate execution time of a program on a 2 GHz processor. B.) Find global CPI of the program. C.) If number of load instructions can be reduced by one-half, what is the speed up and CPI?
ABC, Inc., is considering purchase of a new equipment. The expected sales are expected to be $5,535,496. The annual cash operating expenses are expected to be $3,877,056. The annual depreciation is estimated to be $567,967 and the interest expense..
Suppose that currency in circulation is $600 billion, the amount of checkable deposits is $900 billion, traveler’s checks are $0, excess reserves are $15 billion, and the required reserve ratio is .15. a. Calculate the M1 money supply, the currency-d..
Suppose the following table gives data on the price of rye and the number of bushels of rye sold in 2010 and 2011.
One of your friends works at the local water utility and another works at a particular fast food restaurant. Both are considering raising their price to increase revenue and ask for your advice. Which of them would likely be more successful in increa..
Yearly labor costs of a highway maintenance group are currently $420,000/year. If labor costs increase at a 12% rate and general inflation increases at 9%, determine for each of the next 6 years the labor cost in then-current and constant dollars.
Consider a Stackelberg competition with one leader and multiple followers. All products are homogeneous. Marginal cost for all firms is zero and all products are homogeneous. If the leader produces a quantity of 6 units how much would each of the oth..
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