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Suppose that annual income from a rental property is expected to start at $1,350 per year and decrease at a uniform amount of $55 each year after the first year for the 12-year expected life of the property. The investment cost is $8,200, and i is 9% per year. Is it a good investment? Assume that the investment occurs at time zero (now) and that the annual income is first received at EOY one. What is the present equivalent of the rental income?
the daily demand for hotel rooms on manhattan island in new york is given by the equationqd 250000 - 375p. the daily
Choose a market for a good in your area that seems to be a perfectly competitive market. Write four or five substantive paragraphs that describes the market and answers the following questions: Identify the buyers and sellers as well as the goods o..
Why is representative money more useful than commodity money. representative money has value because the government says it does or else.
Minimum wage legislation requires most firms to pay workers no less than the legislated minimum wage per hour. Using marginal productivity theory, explain how a change in minimum wage affects the employment of unskilled labor?
assume the market demand is given by q 300-2p and mcac30. compute the price quantity consumer surplus profits and dwl
archer daniels midland company is considering buying a new farm that it plans to operate for 10 years. the farm will
There are two related variables, noise (equals either quiet or loud) and intoxication (equals drunk or sober). P(drunk)=.25, P(loud)=.4. You know that if someone is drunk, then the probability of them being loud is .9. Use Bayes’s Rule to calculate P..
among single college-educated women aged 22 - 25 average annual hours worked is 2160 and the average wage is 22.50. if
identify an article that demonstrates the application of time value of money principles to a business decision.explain
Matt has an inverse demand function for current movie DVDs of P(Q) = 25-3Q. The supply of DVDs is given by P(Q) = 5+Q. Matt's maximum willingness to pay for one DVD is $115. The cost of producing DVD is $25. Find the consumers' and producer's surplus..
the acme company has a monopoly in making widgets which they sell for 100 each at a quantity of 1 million units per
Dave deposits $5,000 into a savings account that pays 7.2 percent per year, continuously compounded. What is the effective annual interest rate? Decide the value of his account at the end of two years.
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