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You purchase your home with a $300,000, 15-year fixed, 4.25 % mortgage loan. After 6 years, 72 monthly payments, you are offered to refinance the balance of your loan with a 15-year 3.85 % fixed-rate mortgage. Is refinancing to your financial advantage?
An oil refinery has decided to purchase some new drilling equipment for $550,000. The equipment will be kept for 10 years before being sold. The estimated MV (SV) for depreciation purposes is to be $25,000. Using the SL method, the annual depreciatio..
Discuss at least four characteristics of a good business and identify and talk about at least four companies that you regard as having the characteristics of good business.
Some economists studying the effects of the minimum wage law have found that it tends to reduce the employment of black teenagers relative to white teenagers. Briefly explain the economics behind this finding.
The theory of purchasing power parity:
If the current price of the product is $150, what is the quantity supplied and the quantity demanded? How would you describe this situation and what would you expect to happen in this Market?
some charge that the crisis of 2008 was caused by the greed of wall street firms and other bankers. do you agree with
Is there a conflict between the cigarette pack labeling law and the DOA price support program for tobacco with respect to this goal, or do the labeling law and the support program work together to reduce cigarette consumption?
The production processes are interchangeable, and production can be adjusted depending on market conditions. The demand for both products is highly elastic in terms of price elasticity, and customers perceive the two products as close substitutes f..
craft unions both industrial and craft unions attempt to raise their members wages but each goes about it differently.
Due to the changing environment and external triggers, contingency planning is necessary. What qualities make a future issue a “trigger”? Consider you are on the strategic planning team for a soft drink company.
Generally speaking what is the position of Republicans and Democrats concerning TAXES and Government spending?
if current output is such that marginal cost exceeds marginal benefit should more or less resources be allocated to
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