What are the nominal and effective interest rates

Assignment Help Macroeconomics
Reference no: EM13325464

Tony Soprano borrowed $200,000 from his "Shylock" friend Herb to cover his gambling losses. The "vig" is 1.5 points (%) per week. What are the nominal and effective interest rates?

Reference no: EM13325464

Questions Cloud

Find the total electric potential at the origin : Two point charges are on the y axis. A 5.20-µC charge is located at y = 1.25 cm, and a -2-µC charge is located at y = ?1.80 cm. Find the total electric potential at the origin
Explain the difference between efficacy and effectiveness : Explain the difference between efficacy and effectiveness from a health care perspective. How does a hospital administrator create a balance between the two?
To analyse a given business case : To analyze a given business case and propose a knowledge management system design for the given business problem.
Create a struct data structure for each file contained : Write a password protected console-based application, which enables you to create user accounts and specify the name of the file or directory to be shared with other users.
What are the nominal and effective interest rates : Tony Soprano borrowed $200,000 from his "Shylock" friend Herb to cover his gambling losses. The "vig" is 1.5 points (%) per week. What are the nominal and effective interest rates?
What would be the speed of the electron in this model : An early model of the hydrogen atom viewed it as an electron orbiting a proton in a circular path with a radius of 5.29×10?11m. What would be the speed of the electron in this model
They are offered financing which requires : Jerry and his wife decide this is a good time to buy a house.They have a down payment and need to borrow $250,000.They are offered financing which requires a 2% loan origination fee and monthly payments of $1,500 per month for 30 years.what is their ..
How much consumer surplus does he receive : On Thursday nights, a local restaurant has a pasta special. Ari likes the restaurant’s pasta. His willingness to pay for each serving is shown below:
Focus on uk supermarket sbu : FOCUS ON UK supermarket SBU (STRATEGI BUSINESS UNIT)

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd