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Petra borrowed $12,500 thirty months ago from a lender who charges interest of 4.05 percent compounded monthly. She wants to borrow $10,000 more today. The original lender will not increase her loan, so she has found a new lender who will allow her to borrow enough to pay off her existing loan plus the additional amount she wants. The new lender will charge interest of 4.27 percent compounded quarterly. Petra wants to pay off the new loan with three payments. The first payment will be made in fourteen months. The second payment will be made twenty-seven months from today and will be twice the size of the first payment. The third payment will be 2.5 times the size of the first payment and will be made in 3.5 years. Determine the amounts Petra will pay under this arrangement.
A rocket is launched from a tower. The height of the rocket, y in feet, is related to the time after launch, x in seconds, by the given equation. Using this equation, find the maximum height reached by the rocket, to the nearest tenth of a foot.
Determine the limit by evaluating the function for x = 0, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 20, 50, and 100, If an answer does not exist, enter DNE. Lim as x approaches infinity x^3/3^x
The actual weight of soap powder in a box has a normal distribution, with a mean of 33 oz. and a standard deviation of 0.7 oz. What proportion of packets are underweight (i.e., weigh less than 32 oz.)?
One question that arose during the meeting was about how the firm's profitability in their toothpaste division would be impacted by the expansion. The Board asked you to assess the profit potential using marginal analysis.
find the intervals on which f(x) is increasing, the intervals in which f(x) is decreasing, and the local extrema.
A firm can seek any combination of quality and price it chooses. Thus, it can go with a low quality-low price strategy or use one which combines high quality with a high price. Ideally, of course a high quality and a LOW price will be the most pow..
A market study found that the served by Online Tutors can be divided into two types of students: students needing help with math, who are primarily interested in math tutoring but may be interested in some science tutoring.
Computer Products Corp. sells peripheral equipment used by both private businesses and the government. Due to a recession, Computer Product's sales have declined by 100,000 units and it now has 200,000 units of excess capacity.
The surface are of the moon is 37 932 330 km square. Calculate the sie length of a square with the same area. Show your work.
The annual precipitation amounts in a certain mountain range are normally distributed with a mean of 107 inches, and a standard deviation of 10 inches. What is the probability that the mean annual precipitation during 25 randomly picked years will..
Explain the factors and mechanisms of growth, explain how governments use monetary and fiscal policy to manage the economy and use technology and information resources to research issues in principles of economics.
Beasley World Industries has a division that makes air conditioners. They face a three-year deadline to eliminate their current technology due to the chilling technique they use. There is a near-term solution that may be done (1) and a longer-term..
This document shows evaluation of alternative approaches to analysing the effectiveness of public policy and Assess the impact of government policies on selected areas.
For each level of output, calculate this manufacturer's marginal cost (MC) (For convenience, place the Marginal Cost between 0 and 1 boat on the second row, the Marginal Cost between 1 and 2 boats on the third row, and so on)
EBay claims that it has only a small problem with fraud also misuse of the sytem. Does this imply that it is overinvesting in addressing potention contracting problems.
Explain how much control might an organization have over pricing based on a product's elasticity
Explain how an individual's Demand curve for medical care will change (i.e., shift) if the following things happen (consider each change individually, holding all other possible influences constant.
Illustrate what school of thought would make this suggestion, and how do economists of that school justify that prescription.
Visit the Bureau of Labor Statistics website, and click on "Employment Situation Summary" to get the most up to date summary of unemployment in the United States.
Compute the gain from trade but you should discuss how comparative advantage is used.
Compute point elasticities at prices of 5 and 9. Is the demand curve elastic or inelastic at these points.
use the information in the table to calculate total revenue, marginal revenue, and marginal cost. Indicate profit- maximizing level of output. If the price was $3 and fixed costs were $5, what would vaiable cost be? At what level of output would t..
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