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Ted is renting a house, and it does not have a refrigerator. A refrigerator is worth $2.75 every day because Ted will eat out less. Ted has a discount rate of 17%. Refrigerators usually last 6 years.
A) How much is Ted willing to spend on a refrigerator?
B) Lowe’s is offering a financing deal with 15% down payment and 3 years of payments, such that every year of payments equals 30% of the purchase price. At these terms, how much is Ted willing to spend on the fridge.
C) Ted buys a $2500 refrigerator on the finance plan. The refrigerator has a 3 year warranty. Ted can buy a 4 year extension of the warranty (making it a 7 year warranty) for $1000. Assume the refrigerator will break when it is exactly six years old, and will not be repairable. The warranty will replace the broken refrigerator with a new unit. Should Ted buy the warranty? Assume the same Lowe’s financing deal will be available in 6 years, should Ted want to purchase a replacement refrigerator.
"Equities" is another word for
Perform an internet search to find more information. a) Structural-functional analysis: the importance of culture; b) Symbolic-interaction analysis: the personal meaning of race; and, c) Social-conflict analysis: the structure of inequality.
ADVANCED ANALYSIS Assume the following values for Figures 4.4a and 4.4b. Q1 = 20 bags. Q2 = 15 bags. Q3 = 27 bags. The market equilibrium price is $55 per bag. The price at a is $95 per bag. The price at c is $5 per bag. The price at d is $59 per bag..
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