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Allysha just borrowed 35,600 dollars. She plans to repay this loan by making a special payment of 5,500 dollars in 5 years and by making regular annual payments of 6,700 dollars per year until the loan is paid off. If the interest rate on the loan is 9.57 percent per year and she makes her first regular annual payment of 6,700 dollars in one year, then how many regular annual payments of 6,700 dollars must Allysha make? Round your answer to 2 decimal places (for example, 2.89, 14.70, or 6.00).
An industrial firm can manufacture several lines of pressure washers. The demand for a particular component required for a pressure washer is 120,000 per year. Buy option: A supplier is willing to provide this component at a unit sales price of $35.0..
Betty can make either “12 bottles of wine and 0 boxes of chocolates” or “0 bottles of wine and 96 boxes of chocolates” or a combination of wine and chocolates. Find the equilibrium price (P), quantity (Q), and revenue in a market characterized by the..
A new group of primary care physicians has decided to locate in a suburb of Washington, D.C. After conducting some primary market research on the area, the group's research firm has characterized the community as comprising boomers, The group hopes i..
Talk about the ramifications involved in conducting business under both/either scenario.
Compute most favorable output also profit for each firm and the market price. Also, compute the resulting profit of cartel.
Andrew appoints Matthew to be his agent for a period of 2 years. After 6 months, Andrew meets with an accident after which he permanently losses his capacity to understand things going on around him. This terminates the contract automatically. But Ma..
You decide to open an individual retirement account (IRA) at your local bank that pays 8 percent/year compounded annually. At the end of each of the next 40 years, you will deposit $4000 into the account. Three years after your last deposit, you will..
The Pizza Company is considering entering the marketplace in your community. Use the information from "The Pizza Company Data" worksheet, located in Week 3 of your course shell, to complete this assignment.
Elena Martinez is thinking about investing in some residential income producing property that she can purchase for $200,000. Elena can either pay cash for the full amount of the property or put up $50,000 of her own money and borrow the remaining $15..
Deer have become increasingly apparent in a rural county. Last year it was estimated that there were 40 breeding pairs (a deer must reach the age of 1 to breed). Do you think it is likely that the deer population in the county is increasing? Will the..
Indicate whether there will be economies of scale, diseconomies of scale, or constant returns to scale if the facilities are built optimally.
Suppose Bulgaria produces only camcorders and trucks. The resources that are used in the production of these two goods are specialized—that is, some inputs are more suitable for producing camcorders than for producing trucks, whereas others are more ..
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