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You have decided to buy a new house with a garage to park your car. The house costs $210,000 but you will make a down payment of $15,0000, and will finance it at 4.5% for 15 years.
a. How much is your monthly payment?
b. Need an amortization schedule using Excel. Print the first two years and the final two years.
c. Determine the total amount you would pay for the house and the total amount of interest paid.
A multi concept restaurant incorporates two or more restaurants, typically chains, under one roof. What do these numbers imply for decision of when to open a shared facility versus two separate facilities.
The story of Coltan in the Congo is just one example of how an abundance of exploitable resources can often worsen or prolong military conflicts in nations that are too poor of ineffectively governed to protect these resources.
Write a program that prompts for a date (month, day, year) and reports the day of the week for that date. It might be helpful to know that January 1, 1601 was a Monday.
This chapter discussed the need to plan but also the need to be responsive to changes. In 2015, the law in the United States changed, allowing same-sex couples to marry.
Derek consumes only rackets and tennis balls. His utility function is U(x,y)=x^2y^8, where x is the number of rackets consumed and y is the number of tennis balls consumed. Derek's income is $320, and the prices of rackets and tennis balls are $4 and..
Suppose the consumption behavior in problem 1 changes so that C=100+0.9Y, while I remains at 50. Assume an economy without government and without trade. Suppose the Consumption function is given by C=100+0.8Y , whereas I=50.
Draw an isoquant that represents this production function (put B on the horizontal axis and G on the vertical axis). What is the marginal product of B? What is the marginal rate of technical substitution at each point on the isoquant?
assuming economy is in a long run equilibrium, show fraction of total output earned by labour and fraction of total output earned by capital. Explain why, in long run, firms make zero economic profits in this economy.
Appalachian Coal Mining should minimize net cost by choosing that level of pollution
To increase tax revenue, the US government in 1932 imposed a two-cent tax on checks written on deposits in bank accounts. Use the model of the money supply under fractional-reserve banking to discuss how this tac affected the money supply.
Suppose in the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. In the United Kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. The United States has 30 workers and..
Discussion: Option International- From the e-Activity, determine how selectionism helped this company redefine its business model.
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