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An individual is borrowing 100000 at 8% interest compounded annually the loan is to be paid in equal annual payments over 30 years.however ,just after the 8th payment is made , the lender allows the borrower to repine the annual payment.the borrower agrees to this increased payment.if the lender is still charging 8% per year, compounded annually, on the unpaid balance of the loan what is the balance still owned just after the twelfth payment is made?
Boo spend all of her income on tacos. There are only two varieties of tacos: chicken and pork, and Boo preferences pork taco. You could write her function as U=C + 3P. Chicken tacos cost $1, pork tacos $2.50, and she has an income of $40. Derive Boo'..
q1. jaes building a corporation which follows short-run cost functionq3 - 10q2 36q.a. illustrate what is the level of
Assume that b=1/2 and that initially the real interest rate is equal to the marginal product of capital at 3%. As well, assume that v=2 and that the inflation rate last period was 2%. Assume the natural rate of unemployment is 5.5%. The Sequester is ..
What is the best practices frontier? How does this relate to competitive advantage? Explain why rent seeking competition tends to dissipate rents-to drive them down so that there are no abnormal rents?
Which of the following is a rate that should theoretically serve as a floor for the Fed funds rate? A dealer is said to be running a "matched book" if. An increase in the supply of reserves in the banking system leads to an increase in the Fed funds ..
Suppose David spends his income (I) on two goods, x and y, whose market prices are px and py, respectively. His preferences are represented by the utility function u x y x y ( , ) ln 2ln = + (MUx=1/x, MUy=2/y).
Suppose Jane has a one third chance of becoming disabled in any given year. If she does become disabled, she will earn $0. If Jane does not become disabled, she will earn her usual salary of $60,000. Jane has the opportunity to purchase disability in..
q1. in the absence of a price floor the maximum price that a few of the consumers are willing to pay is 0.20 for a
Consider the production function for bottled water. All of the following would be considered variable inputs except:
Assuming other things equal, which one of the following changes could cause a leftward shift in the demand curve for good C?
The Federal Reserve cut interest rates dramatically in 2008 in response to the worsening credit crisis. Many emerging market countries were pegged to the dollar at this time. What happened during this period to the emerging economies of countries (mo..
Trade restrictions will stop foreign imports which will increase American employment and protect American jobs
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