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What is the accumulated value of series of payments of $500 at the end of each year for 5 years at 12% interest compounded continuously?
1. What equal annual payment must be deposited into a sinking fund to accumulate $100,000 in 10 years at 10% interest compounded continuously?
2. What is the present worth of payment of $7,500 in 30 years at an interest rate of 10% compounded continuously?
3. What is the accumulated value of series of payments of $400 at the end of each year for 5 years at 9.8% interest compounded continuously?
4. What equal annual payment must be deposited into a sinking fund to accumulate $60,000 in 20 years at 13% interest compounded continuously?
What are some methods for improving the financing of the U.S. health care system. Are these methods realistic and achievable? Justify your answer with solid reasoning and appropriate references.
Why are companies using more technology input while reducing labour input. Why are Average Cost Curves U-shaped. Illustrate what is Law of Diminishing Returns.
What is a counterfactual, and what is the fundamental problem of causal inference? How does random assignment of a treatment address this problem? Describe David Freedman’s views on whether applying econometric techniques (e.g., regression analysis) ..
Which of the following statements are true of using a first-come, first-served basis to distribute goods? Check all that apply. Which system for allocating goods provides the best incentives to allocate goods from lower-valued uses to higher-values u..
Elucidate how much will the government spend in total. Elucidate how much does producer surplus increase.
Price Sensitivity/Price discrimination A physical therapy treatment can use a high tech machine to massage patients or a certified massage therapist. If the cost of the machine per unit of service is $100 and the cost of the therapist per unit of ser..
Suppose that Scott and Bob live on the same street. In the winter, both of them like the snow on their street to be plowed. Bob’s demand is given by Q = 40 – P, and Scott’s demand is given by Q = 30 – 2P. Suppose that the marginal cost of plowing the..
A perfectly competitive painted necktie industry has a large number of potential entrants. Each firm has an identical cost structure such that long-run average cost is minimized at an output of 20 units (qi = 20). What is the industry's long-run supp..
Spending by the consumer sector is the driving force in the US economic system. Although the business and government sectors make a considerable contribution to the success of the economy, it is the spending by the consumer or household sector of the..
Research the concept of an open economy. Now consider the United States' current economic situation. Share your overall opinion of the subject and if you believe the U.S. economy has benefited or suffered (or both).
Two physical therapy firms want to merge. The price elasticity of demand for physical therapy is -0.40. Firm A has a volume of 10,400, fixed costs of $50,000, marginal costs of $20, and a market share of 8%. What are the total costs, prices, revenues..
XYZ Co. manufactures bicycles. Demand for this year’s model is expected to occur at a constant annual rate of 7200 items. One bicycle costs $245. The holding cost is based on a 11% annual rate, and production setup costs are $340. Use the production ..
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