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1. Barb Jones wants to buy a new home, which costs $87,500. Barb is planning to make a 10% down payment. If Barb can obtain a loan at 9% with monthly payments, how much will each payment be if the loan is paid off over 30 years? Ignoring the time value of money, how much money could Barb save if the loan was for 20 years at 9% interest and a 15% down payment?
2. Cranford Cranberry Bogs just purchased new water- whipping equipment for $100,000. Cranford agreed to repay the loan over a period of 10 years with semi- annual payments. The loan's interest rate is 8%. Determine the payment amount and the total finance charge.
Why do monopolists produce where MC=MR?
utility is a satisfaction that an individual derives from consuming or using a specific good or service. total utility
Presume that the central bank has increased the money supply such that there is an additional $241907 in excess reserves. If the reserve ratio is 8.0 %, what is the maximum the money supply could increase? Round your answer to the nearest dollar
Discuss how changing tax rates affect consumption spending and aggregate. Provide an example not in the textbook to illustrate your answer.
What is the level of output and price if a natural monopolist with the cost function TC = 0.3Q3- 8Q2+ 120Q and market demand function P = 100 - Q follows the average cost pricing? (From 2 possible solutions choose the larger one.) Compare this so..
Describe the profit maximizing (or loss minimizing) output for this firm. Explain why or why not there an accounting profit and explain why a firm in pure competition is considered to be a "price taker."
Discuss a change in demand resulted in a change in the market price. Provide an example of how a change in supply resulted in a change in the market price. How does the price mechanism work to keep markets in equilibrium?
Compute the IRR for each alternative
How many employees by type does the clinic currently need - How many employees by type will the clinic need if it signs the contract for pre-employment physicals - What are the financial implications associated with your recommendations?
Which of the variables would you regard as endogenous and which as exogenous?
An owner is thinking about building a 35,000 seat stadium. He has data from another stadium being built that shows that it is costing about $11.8 million for a similar stadium that seat will seat 42,000 people. Estimate the cost for the owner.
offshore petroleums fixed costs are 2500000. selling price per barrel of oil is 18 and variable costs per barrel are
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