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The parents of a child set up a college fund for her. They contribute $450 monthly to the fund which pays 4.25 % interest compounded monthly. After 15 years she enters a college, and the parents start to withdraw annually from the fund in order to cover her college expenses. If they continue their contribution of $450 during the 4 years that she is attending college, how much can they withdraw each year so that the fund is depleted in the last year?
A man is planning to retire in 20 years. Money can be deposited at 8%, compounded monthly. It is estimated that the future general inflation rate will be 3% compounded annually. What deposit must be made each month until the man retires so that he ca..
1. with an economic perspective write a brief summary of the current event article- the washington postcoming soon to
you need to responses to this questions about acawhat provisions of aca are intended to reduce or increase directly the
These multiple choice problems belong to Economics. The first problem is about total product curve and the second problem is about Gordon Tullock's views on monopolists.
prepare a two- to three-page paper in apa style sixth edition format that describes explains addresses and answers the
To prevent gasoline values from having devastating effects on economy it has been proposed that all gasoline values in U.S. be fixed at the average value for the past 2-years.
identify economic factors that affect the real gdp the unemployment rate the inflation rate and a key interest rate.
How much quantity does each individual firm produce? Using your answers from a) and b), determine if an individual firm is making a profit or loss and calculate this amount.
Insurance agents receive a commission on the policies they sell. Many states regulate the rates that can be charged for insurance. Would higher or lower rates increase the incomes of agents Explain, distinguishing between the short run and the lon..
efficient market hypothesis generated results
Now suppose that all firms are revenue maximizers, taking prices as given, subject to a zero-profit constraint. Why is it difficult to contemplate an equilibrium in a case where there is free entry?
Why there is so much advertising in monopolistic competition and oligopoly? How does such advertising help consumers and promote efficiency?
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