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To pay off $60,000,000 worth of new construction bonds when they come due in 19 years, a water municipality must deposit money into a sinking fund. Payments to the fund will be made quarterly, starting 3 months from now. If the interest rate for the sinking fund is 9% compounded quarterly, how much will each deposit be?
Choose a product or service. How does price elasticity of demand for this product or service affect how it is priced? How does the availability of substitutes for this product or service affect price elasticity of demand? What is the difference betw..
A manufacturing company purchased electrical services for the next 5 years to be paid for with $70,000 now. The service after 5 years will be $15,000 per year beginning with the sixt year. After 2 years service, the company, having surplus profits, r..
Subway charges a higher price for the 6-inch Veggie Delight Sandwich sub in New York City than it does in a small town in Iowa. Consumers collected coupons from free newspapers and magazines and take to the store to save money on products.
What is the present worth of each of the given series of payments?
Researchers have found a hybrid of corn that is cheaper to grow. This technological breakthrough
q.consider a competitive market with 9 consumers each of whom will buy at most one unit of the good and 8 vendors each
The government modifies the consumption tax somewhat so that the first $20k of consumption in each period is tax free. Now graph the budget constraint.
Suppose that a country has a fixed exchange rate and unrestricted (financial) capital flows. Which of the following would the country NOT experience?
Determine the capitalized cost of $1,000,000 at time 0, $125,000 in years 1 through 10, and $200,000 per year from year 11 on. Use an interest rate of 10% per year. Show the standard notation, interest factor formula and solution
In most political campaigns, candidates promise more than they can deliver. In the United States, both Democrats and Republicans promise better health care, a better environment, only minor reductions in defense, better education, and an improved sys..
When sketching a graph of a market in which sellers have limited ability to adjust the amount they produce, I will draw the supply curve with
After doing a Chi-Square test ,you decided that failures are normally distributed ,with mean failure of 50,000 miles and a standard deviation of 10,000 miles. Concluder eliability of tires.
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