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Determine the monthly payments on a $150,000 mortgage (loan) at 6.00% (annual interest) compounded (paid) monthly for 30 years. ($ 899.32). What is total interest paid over the 30 years? (Total payments less initial present value) How much is paid against the principle in the first month? ( first monthly payment made (above) less interest for first month (0.50% of principle)) WITHOUT USING EXCEL
A corporation purchased a machine for $60,000 five years ago. It had an estimated life of 10 years and an estimated salvage value of $9,000. The current book value of this machine is $12,500. If the current market value is $30,000 and the effective i..
where P is dollar price, Q is quantity in units and I is income expressed in thousands of dollars. Let the price of cookies and apples remain constant at $10 per unit for both goods.
list the new technology developments in the areas of generic and networked computing and web-based systems. what are
suppose the production function is given by y 4x1 x2. if the factor prices are 4 for factor 1 and 2 for factor 2 how
Determine what is the cumulative change in concentration of iodide ion at each of these four times?
Rabi Abdullahi and other Nigerian children filed a suit in a U.S. federal district court against Pfizer, alleging a violation of a customary international law norm prohibiting involuntary medical experimentation on humans. Did Pfizer violate any e..
Consider another policy where the government could impose a price ceiling p on the monopolist. If the government were interested in maximizing social surplus, what would be the optimal value of p when considered from the point of view of the gover..
Assume that the medical screening industry is perfectly competitive. Consider a typical firm that is making short-run losses. Suppose the medical screening industry runs an effective advertising campaign which convinces a large number of people th..
Defines the price of the imported good as the foreign market price before it is loaded into the ship, train, or plane for shipment to the importing country.
Why is there a limit to capital deepening? What roll does government play in economic growth? Why might education, foreign aid, infusion of new machinery, and efforts to stem population growth not imroved the standard of living in a lot of develop..
What is the reason that all economic problems occur and primary focus of microeconomics - example of a normative economic statement?
If the formerly "free" organ now has a price placed upon it, then that will drive up the total costs for having organ transplants, thus making such operations more expensive and, therefore, out of reach for lower-income people.
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