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At the end of 2011, the value of my savings account was $15,000. Over the next four years, the account earned the rates of return shown below. How much was in the account at the end of the fourth year, 2015?
Rate of return in 2012: 7%
Rate of return in 2013: -6%
Rate of return in 2014: 9%
Rate of return in 2015: 12%
Land is purchased for $75,000. It is agreed for the land to be paid for over a 5 year period with annual payments and using 12% annual compound interest rate. Each payment is to be $3000 more than the previous payment. Determine the size of the last ..
Read the case "Federal Indebtedness is Much Higher Than the Net Public Debt" on page 313 and discuss the following issue: How could the federal government try to reduce its entitlement indebtedness (the difference between entitlement program spending..
Suppose all workers value their leisure at at 90 goods per day. The production function relating output per day to the number of people working per day (L) is: Assume there are no taxes. What are the equilibrium values of the real wage, employment an..
research where you would find the u.s. international trade policies and their history as they apply to various
Conduct an analysis of a recent article and provide your evaluation and outcome expectations in an articulate and informative paper that discusses: Identification of three to five macroeconomic indices. Definition and explanation of the indices, e.g...
In the foreign exchange market, if the interest rate on foreign deposits increases, holding everything else constant,
Suppose that individual A’s utility function, which only depends on wealth (W), is defined asU(W) = W0.5 ,where W stands for her/his wealth. Suppose her/his initial wealth is $10,000, and there is a 20% chance that she may get sick. In the event of i..
Let's use cloth and food, with inputs of labor andland, with cloth the labor intensive industry. If the relativeprice of food increases in the 2 good HO economy, what happens to the relative utilization of the labor in the production of food
If the demand for used cars decreases after the price of a new car fallls, used cars and new cars are
Show how an open market sale affects the Fed's balance sheet and also the balance sheet of the commercial bank of the purchaser of the bond sold by the Fed.
The nations of Utopia and Paradise both produce popcorn and cola. They currently do not trade. Below are the Production Possibilities Frontiers for both countries, Utopia and Paradise both decide to specialize in one product and trade for the other. ..
Suppose Mayor Strange comes to you and asks you whether or not Montgomery should bid for 2024 Olympics. He says that a group of economic consultants has said it will be a major boon for Montgomery’s economy. What kind of things did they likely claim ..
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