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You have an outstanding student loan with required payments of $ 600 per month for the next four years. The interest rate on the loan is 9.00 %APR? (compounded monthly). You are considering making an extra payment of $ 175 today? (that is, you will pay an extra $ 175 that you are not required to? pay). ?(Note: Be careful not to round any intermediate steps to fewer than six decimal? places.)
a. If you are required to continue to make payments of $ 600 per month until the loan is paid? off, what is the amount of your final? payment?
b. What effective rate of return? (expressed as an APR with monthly? compounding) have you earned on the $ 175
Consider a perfectly competitive firm whose minimum average total cost is $100. This firm is representative of all the firms in the market. If the market price is $80, then in the long run. market supply will fall. new, more-efficient firms will be a..
An industry consists of three firms with sales of $310,000, $725,000, and $405,000. Calculate the Herfindahl-Hirschman index (HHI). Calculate the four-firm concentration ratio (C4).
Due to the global economic slowdown, we were benefiting from relatively low oil prices. But because of the instability of the Middle East and the slowing.
Photographs such as image B were extremely common in the media in 1989, showing East Berliners shopping in Western stores.
The long-run total cost function for a firm producing skateboards is: TC = q^2 - 45q^2 + 900q, where q is the number of skateboards per week. MC = 3q^2 - 90q + 900. Find the average cost function and find the output level that minimize the average to..
A major electronics manufacturer expects to generate additional revenue from its recently won government contract. The company forecasts that the revenue will be $190 million in the first year, but will decline by $2 million every year for the next 3..
Managerial economics samuelson and marks 7ed. Chapter 8 questions 8 P=35 - 5Q, where Q is the quantity of microchips in millions. The typical firms total cost of producing a chip is Ci=5qi where qi is the output of firm i. What is the deadweight loss..
Write a four- to five-page paper that answers the following questions. List six main objectives of public relations efforts. Using a company that sells a product you purchase or provides a service you use, explain how it could try to achieve each of ..
What is transparency of pricing in healthcare and how can pricing be made more understandable for the average healthcare consumer?
What is the Free Trade Agreement of the Americas? Most arguments for or against the FTAA are based on the success and/or failure of the NAFTA agreement. Based on your research of these two agreements, do you think the FTAA should be established? Why ..
We normally think of currency and banking risks as being something confined to third-world or developing countries. But events in the past few years such as the Euro crisis or the financial crisis in the United States have shown that not even the wea..
When I explain to my friends that we can help poor people more if we just give them cash transfers, they complain that the poor people will spend the money on things that are bad for them. Assume there are two types of goods—“good-for-you” goods and ..
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