Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
To purchase a house for $80,000, a new couple has $12,000 available for down payment. They are considering two options:
Option 1: get a new standard mortgage with 10% APR interest compounded monthly for a 30-year term
Option 2: assume the seller’s old mortgage that has an interest rate of 8.5% APR compounded monthly, a remaining term of 25 years (from an original 30 years), a remaining balance of $35,394. You can obtain a second mortgage for the remaining balance from your credit union, at 12% APR compounded monthly, with a 25-year repayment period.
a) What is the effective rate for option 2 per year?
b) Compute the monthly payments for each option over the life of the mortgage
c) What APR charged by the credit union would make the two financing options equivalent?
The FCIC fails to link unethical behavior of borrowers and lenders to the causes of the financial crisis of 2007-2008. The FCIC insists that the behavior of regulators and policy makers were the sole cause of the crisis.
In which of the following industries would you expect price collusion to be easier to maintain: mobile telephone service or fast food? Use the factors affecting ease or difficulty of effective collusion to justify your answer.
A competitive advantage furthermore earns a life span income of $6 million moreover the non-steroid user earns $1 million.
In the numerical example given in the text, the inverse demand function for the depletable resource is P = 8 -0.4q and the marginal cost of supplying it is
(Tragedy of the commons) Imagine that two fishermen operate in a lake. We denote the quantity fished by fisherman 1 as q1 and the quantity fished by fisherman 2 as q2. Each player can sell each unit of fish they get by the constant market price p (ta..
In the early 2000s, analysts feared that low academic achievement in math in the United States may reduce U.S. economic growth by as much as half a percentage point a year. "That drag will become increasingly apparent…as other countries dismantle reg..
Given the following information for the market for McDonalds Quarter Pounder with Cheese large combo meals in Illinois locations: Assume that the minimum wage in Illinois is increased. Carefully explain what will happen to the market for
Monopolists benefit from barriers to entry because it affords them the opportunity to set prices above marginal costs and thereby continually enjoy economic profits. Barriers to entry include economies of scale, ownership of a key resource and inelas..
Explain how, with trade, Nebraska can wind up with 40 million bushels of wheat and 120 bushels of corn while Iowa can wind up with 40 million bushels of corn and 120 million bushels of wheat.
Assume which, in the efficiency wage model, it becomes more difficult for the ?rm to distinguish high-ability workers from low-ability workers in the labor market.
Betty can make either “12 bottles of wine and 0 boxes of chocolates” or “0 bottles of wine and 96 boxes of chocolates” or a combination of wine and chocolates. Find the equilibrium price (P), quantity (Q), and revenue in a market characterized by the..
Research the challenges associated with payments across international borders and prepare a brief presentation (Power point) or paper (Word doc)of your findings. Do most e-commerce companies conduct business internationally?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd