### Elucidate how much they can accumulate over

##### Reference no: EM1315354

Q1. Compute the amount of money the Dumont's will have in their savings account if they add no other funds also keep it invested at 3 percent over the next 25 yrs. Compute Elucidate how much they can accumulate over 25 yrs if they move the money into a money market mutual fund earning 5 percent. Based on the calculations, should the Dumont's reallocate their savings into a money market mutual fund?

Q2. The Specialty Cake Store, a monopolistically competitive firm, is producing 200 decorated cakes per day also selling each cake for \$12. At which production level ATC is \$20, AVC is \$15, AFC is \$5 also both MR also MC are \$8. This firm should.

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