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Sylvain borrowed $200,000 at 7.39% for 10 years for start-up costs for his new business. Assume he makes all of his monthly payments as scheduled.
a. How much of his first payment will go toward interest, and how much will go toward principal?
b. How much of his 37th payment will go toward interest versus principal? (Hint: First, find how much he owes when he has 84 payments left to make).
c. How much of his last payment will go to interest versus principal?
q1. briefly summarize this loanable funds theory in your own words. identify at least one important entrepreneur that
Opportunity cost is associated with choosing a particular decision that is measured by the forgone benefits of the next-best alternative. What example would you pose to explain this?
Government fiscal policy and international trade seem to be linked. Let’s investigate their relationship.
What do you think about the often proposed "flat tax" as a better alternative than our current system allowing for credits and deductions?
What is the formula for calculating consumer surplus? producer surplus?
What is the average price you paid per share of stock? (please round your answer to 2 decimal places)
Note that reverse culture shock refers to the process readapting to one's home culture following an overseas assignment. Why do you think this might be a challenge?
If Nation 1 has an absolute disadvantage in the production of fur hats and shoes when compared to Nation 2, it is still possible that Nation 2 can move resources into the production of shoes and trade for fur hats imported from N1 and thereby make co..
What are the differences between developed and less developed or emerging market countries? How are they viewed by the marketplace?. Must include any resources used.
In a market with free entry and exit, who bears the burden of a tax? Given this fact, how might tax incidence differ in the short and long run? [HINT: Recall how the market supply curve looks like when there is free entry and exit]
Suppose that the equilibrium price in the market for widgets is $5. If a law reduced the maximum legal price for widgets to $4:
Assume to there are two segments to the market for rental cars. The Demand for rental cars by trade travelers
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