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A couple just welcomed the birth of their new child and decides to set up a an interest-bearing account for the child’s college tuition. They hope to save $100,000 by the time the child enters college. The goal is deposit some amount A1 at the end of the first year and continue to contribute at the end of the year for a total of 17 years. Given that they plan to increase their contribution each year by 3% and that the account will earn 6% compound interest, how much should the initial deposit be?
Payments for imports and receipts from exports are recorded in the current account. Foreign investment in the United States and U.S. investment abroad are recorded in the capital and financial account. A change in U.S. official reserves is recorded i..
If the increase in the money supply as being analogous to giving people more money. If the output of goods and services is not growing at a similar rate, inflation will eventually occur. According to PPP Theory, what will happen to the U.S. dollar? W..
1. what does gross domestic product gdp tell us? how did gdp change from 2008? what caused these changes? what is real
The European Central Bank (ECB) has been known for setting strict inflation targets (in other words, the monetary policy has been oriented towards maintain price stability).
If the prevailing marketplace price is $17 every unit, Elucidate how many units will be produced also sold. Illustrate what are profits every unit.
Analyze the current macro economic situation and discuss changes in economic, financial and international conditions in the near future.
What is meant by budget deficit? What are the different ways it can be financed? Is the national debt a problem? Discuss
The major disadvantages of using ARIMA to derive a forecast include, Requires a lot of time series observations
What is the equilibrium level of national product? What is the government's budget surplus?
which cumulative expenditures are increased. Raising taxes also government expenditure by the same amount such which cumulative provide is decreased also cumulative demand is increased.
Mr. Gonzalez wishes to sell a bond that has a face value of $1000. The bond bears an interest rate of 8%, with bond interest’s payable semi annually. Four years ago, $920 was paid for the bond. At least a 9% return (yield) on the investment is desire..
Your local newspaper charges $1.50 per line for your ad about a garage sale this Saturday. The reason for the garage sale is that you are cleaning out your house to put it up for sale. When you place the ad with the same newspaper to sell your home, ..
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