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1. A family needs a $85,000 for down payment of a house. The family contributes $700 a month to a savings fund that pays 3.25 % interest compounded monthly. How long does it take to have the required amount?
1. Determine the monthly payments a family must contribute to a college fund, paying 3.75 % interest compounded monthly, for 22 years in order to cover the annual college cost of $35,000.
George has been selling 5,000 T-Shirts per month for $8.50. When he increased the price to $9.00 he sold only 4,000 T-Shirts. What is the demand elasticity? If his marginal cost is $4 per shirt, what is his desired markup and what is his initial a..
What are the efficient quantities for each of the two periods? What are the correspondingprices and MUCs?
Relatively little pollution is emitted initially in the production process, but as the factory is used more intensively, pollution per unit of output increases and Explain how the introduction of this policy will affect the production decision of f..
for the firm the major goal of profit sharing plans is to ltbrgtfor the firm the major goal of profit sharing plans is
1. write down the consumption function given the above information.2. determine the level of consumer spending and the
Two drivers—Tom and Jerry—each drive up to a gas station. Before looking at the price, each places an order. Tom says, “I’d like 10 gallons of gas.” Jerry says, “I’d like $10 worth of gas.” What is each driver’s price elasticity of demand?
The Fed’s decided to maintain its low interest-rate target in the face of a rightward shift of the AD curve in the late 1960s which led to an inflationary equilibrium. Discuss the long-run and short-run costs and benefits of the Fed are other two opt..
What is the background of the problem and what will be the outcome of the project and describe the audience for this report and the implications for structuring your report.
Megatrust Bank had historically scrutinized loans very carefully and extended them only to persons whom they considered very creditworthy. They made relatively few loans. However, after the government provided guarantees to sub-prime loans
An order written by the exporter instructing the importer, or their agent, to pay a specified amount of money at a specified time is a: Note Payable,Draft;Promissory Note;Check.
Suppose that the domestic demand and supply for shoes in a small open economy are given by. what will the levels of production and consumption be under free trade? Will the country be an exporter or importer if the world price is $50? How much will i..
business owners managers and aspiring entrepreneurs need to know the best form of business organization to select based
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