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You apply for a $240,000 15-year mortgage (monthly payment). Based on your credit standing, the appropriate annual rate is 3.576%. However, you are steered into a loan with an annual interest rate of 4.576%.
a. What is the monthly payment for your mortgage if the annual interest rate is 3.576%
b. What is the monthly payment for your mortgage if the annual interest rate is 4.576%
c. How much more interests will you pay over the life of the mortgage if you are charge 4.576% rather than 3.576%?
What are the strength of the neoclassical models of labor supply and labor demand. What are the weakness of the neoclassical models of labor supply and labor demand.
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q1. illustrate what were the major contributing causes to failure of uplift unionism?q2. whenever you analyze your
In a paper, analyze the relationships among total and average fixed cost, variable cost, and total cost. Address what happens to price and quantity with changes in demand and supply. You will need to identify then define the relationships.
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Due to the externality that occurs when pollution is created by this production process, a government agency intervenes, saying that when a quantity of 8000
Question 1: Mars and Hershey's dominate the domestic chocolate candy bar business. In this mature market, advertising by individual firms does little to convince more people to eat candy. Effective advertising simply steals sales from rivals. Big ..
Suppose you knew that the NAIRU (the nonaccelerating inflation rate of unemployment) was 7 percent. The current unemployment rate is 6 percent.
Is the perfectly competitive model a good benchmark for an economic system which uses Biblical worldview? Use Scriptural support where appropriate and also comment on the perfectly competitive model as a guide for public policy. What should be the ro..
Demand for microprocessors is given by P=35 - 5Q where Qis quantity of microchips in millions. The typical firm’s total cost of producing a chip is Ci=5qi where qi is the output of firm i. Suppose that one company acquires all the suppliers in the in..
Which of the following sentences contains an incorrect use of an adjective or adverb?
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