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1) a car may be purchased with a $3500 down payment now and 72 monthly payments of $480. If the interest rate is 12% compounded monthly, what is the price of the car?
2) using linear interpolation, determine the value of (P/A, 6 1/4%,10) from the compound interest tables. Compute the same value using the equation or a 5-button solution. Why do the values differ?
Suppose that you leave a job that pays $40,000/year and use $10,000 of your savings that had been earning $500/year in interest in order to start your own business. In your business, you sell 450 units at $60/unit while paying $12,000 for capital cos..
Graph all three curves. What is the relationship between the marginal-cost curve and the average total cost curve
Elucidate what should Paul, the Director of Human Resources, do to determine how Plastec (a company that manufactures plastic) compares with other area employers in terms of wages and benefits.
Compare the effects of the two policies, based on the models developed. Why might the United States have preferred one policy over another.
Over the past decade medical costs have increased more rapidly than other prices. In order to illustrate how rising medical costs have affected consumer alternatives, let X represent the quantity of medical services, and let Y represent the quantity ..
Three students consider the option of forming a lawn care and landscaping business during their summer vacation. They estimate the following costs: Insurance $2,600; Equipment Rental Fees $1,000; Fuel and Supplies $4 per lawn serviced and Miscellaneo..
operate his business as long as he rents at least 7 boats per month, operate his business as long as he rents at least 1 boat per month, operate his business as long as he rents all 10 boats each month.
Many argue that breaking up a monopoly is a Pareto-efficient change. This interpretation cannot be so because breaking up a monopoly makes its owners (or shareholders) worse off. Do you agree or disagree.
How do you calculate per capita income and capital per worker in the Solow Growth Model?
Is there a problem with unconscionability? Is this kind of behavior anticompetitive? Do you feel the guidelines and chargeback fees are truly negotiable? Are the chargeback levels of fees ethical?
A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. Give the profit after calculating the profit-maximizing price and quantity. ..
the economy is operating beyond the full employment output level thus producing rapid rise in prices of goods and
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