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Bob borrows $52000 from a local bank at an APR of 7.2% compounded monthly. His monthly payments are $52000(A/P, 0.6%, 54) = $1128 for a 54 month loan. If Jim makes an extra payment on the first month of each year, his repayment duration for the loan will be reduced to how many months?
A rural subdivision has several miles of roads that need a new surface treatment. One option is a gravel base and pavement with an initial cost of $500,000 that will last for 15 years and has an annual maintenance cost of $100/mile. Compute the numbe..
q. you have been hired to manage a small manufacturing facility whose cost and production data are given in the table
Consider a market with demand function D(p) = 1000 ? 10p and aggregate supply function S(p) = ? 200 + 20p if p ? 10 [and S(p) = 0 otherwise]. Compute the competitive equilibrium price and quantity, as well as the equilibrium value of consumer surplus..
What are some alternative explanations for observing among MBA graduates that a greater percentage of men than women reach the highest ranks (e.g., president, CEO) within their firms?
Scottish political economist Adam Smith didn't trust situations where the people who provide the money for a business don't actually manage the company. In The Wealth of Nations, he observed that such managers don't watch over the investment
Evaluate the impact globalization on domestic governance. Identity and explicate at least three significant factors requiring domestic changes.
If this industry acts like a monopolist in the determination of price and output, compute the profit-maximizing level of price and output
q.remington inc. purchases a machine that costs 700000 and has an approximate d useful life of 10 years a macrs
Assume an open, mixed economy (C + I + G + X = real GDP) and an MPS of .2 What is the multiplier? The result will be a $200B decline in real GDP. Was this policy of increasing government spending and taxes by the same amount expansionary, contraction..
If the cost of producing Einstein's Bagels is constant at $0.10 per bagel, should they reduce price and thereafter, sell more bagels (assume profit maximization is the company's goal)?
If workers do not have the skills that are required in the job market, which of the following will occur? When the economy is below full employment, it is producing. How has the unemployment components of the natural rate of unemployment changed over..
What are some examples of behavior that at one time wire victimless crimes that are no longer criminal.
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