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The EZ Credit Company offers to loan a college student $6,200 for school expenses. Repayment of the loan will be in monthly instalments of $382.95 for 18 months. The total repayment of money is $6,893.10, which includes the original $6,200, $1,234.72 in interest charges, and -$541.62 for a required life insurance policy covering the amount of the loan. Assume monthly compounding of interest. What nominal interest rate is being charged on this loan?
According to the production function, with 300 labor hours, illustrate what is this economy's capacity to produce
1). List three businesses that can exist today, because of the World Wide Web that could not have existed before the advent of this technological communication system. 2). How has the World Wide Web supported the establishment and functioning of th..
Use these data to calculate the following:a.Private saving b.Public saving c.Government purchases
From the supply and demand schedules, from Belgium what are the equilibrium price also quantity of cocoa beans.
Based on some economists' definition of the relevant market, the two firms proposing to merge enjoyed a combined market share of about two-thirds, while another firm essentially controlled the remaining share of the market.
Assuming that this is rational behaviour by profit-maximizing "firms" elucidate what economic factors may influence such behaviour.
Define the following: functional organizations, product organization, geographic organization, matrix organization also network organization.
You are trying to decide between buying a Toyota Camry and Honda accord. The initial cost of Camry and accord are $23,000 and $25,000, respectively but the annual maintenance of Camry is estimated to be $200 more compared to accord. What is the incre..
q1. the owners of a successful restaurant want a loan for 50000 to renovate the kitchen and expand the dining room.
Find a numerical equaltion relating planned aggregate expenditure to output and to the real interest rate.
Explain how could ABC use interest rate swaps to reduce the exposure of its cost of debt to interest rate movements.
the city government is considering two tax proposals- a lump-sum tax of 300 on each producer of hamburgers.- a tax 1
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