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Your moneylender has an interst rate of 26.5% which he compounds monthly. You need to pay a balance of 85404.85 exactly in order to not go into the money lenders Black list. Otherwise, you will have to pay more money every month.
1) What is the effective annual interest rate and how much interest will be there at the end of the month and at 6 months?
2) How long will it take you to may the full amount if you pay 150 dollars per month.?
3) How long will it take you to pay the full amount if you pay 500 dollars per month?
You have just been hired by a company as an economist and strategic planner. Your company has asked you to generate a report explaining the consequences of the market structure in which the company operates. Assume that the market structure is an oli..
A fall in the expected price level leads to en expectation that real wages will ______ , which will cause people to work ______, shifting the SRAS curve ______. In real business cycle theory, Business cycle expansions begin as a result of changes in.
Illustrate what is area of employment why has this shift occurred in illustrate what direction would shift in labour supply and demand go. Illustrate what would be its effect on equilibrium of labour market.
There are basically four types of market structure under which a business could operate. What are these market structures? Assume that you are the only producer of a product and have a patent that prevents market entry, what market structure do you b..
There are three investments you are considering: Investment 1: Invest in Supreme Bank that offers a monthly interest rate of 1.5% compounded monthly.
suppose that the other firm holds its rate of output constant, solve for the optimal output of each firm. What is the total profits of the two firms.
Pendleton Construction, Inc., Please answer the following questions about this case.. 1. As Henry Royce, which specialty fabrication supplier would you select for the newly awarded megaproject? 2 Explain your choice in detail. 3 Regardless of your ch..
1. What happened when the Roosevelt administration re-embraced orthodoxy in government spending and taxes in 1937?
Investment demand is 100,000 bushels of corn no matter what the real interest rate is. Find period 1 savings per person as a function of the real interest rate
What is the present worth of $500.00 in month1, $510.00, in month 2, and amounts increasing by $10 a month through month 36, if the interest rate is 15% per year, compounded continuously? Please show work and use functional notation where needed: ex...
Your business must decide whether to make a component part in-house or outsource it to an independent supplier. These potential suppliers are in countries whose currency is expected to increase against the U.S. dollar. What would you recommend and wh..
The lower the interest rate, the lower the:
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