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Reaching a Financial Goal
You need to accumulate $10,000. To do so, you plan to make deposits of $1,600 per year - with the first payment being made a year from today - into a bank account that pays 7.45% annual interest. Your last deposit will be less than $1,600 if less is needed to round out to $10,000. How many years will it take you to reach your $10,000 goal? Round your answer up to the nearest whole number.
year(s) ______
How large will the last deposit be? Round your answer to the nearest cent.
$ ________
Assume the production function is given by Q=KL. suppose C=80$ r=2.00/unit and w=$2/unit. what are the returns to scale for this production function? what is the optimal input combination and the total output. what are the expansion path and total co..
Two students, Ryan Wattenberg and Emma Bennett, are discussing the idea of convergence over coffee. Ryan considers convergence to be true in theory but impractical in the real world. He claims that most low-income developing countries are stuck in a ..
Identify the impact of the policy on Demand or Supply of the good(s) or service(s). Discuss the change(s). Draw a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve.
Re Curtis Brothers Bakery Case, What relevant authority that explains how the redemption of shares will be treated was use
Elmer Fudd likes to hunt “wabbits” but also likes to hunt duck. His utility function can be expressed as U(W,D)= 1/(-(2W^2+D^2 )^2 ). Solve for the marginal utility of both “wabbits” and duck. Write the tangency condition, what can you tell me about ..
Variable-Margin Pricing If Ohio Desk Inc. sold mahogany desks at a 3% profit, steel managers desks at a 11% profit, and student desks at a 16% profit, (all at variable-margins), what would their overall profit be for the entire product line of desks?
q1. suppose that in case b in table 2.5 the united states exchanges 4w for 4c with the united kingdom.a in the terms of
Many small companies use accounts receivable as collateral to borrow money for continuing operations and meeting payrolls. If a company borrows $230,000 now at an interest rate of 16.00% per month, but the rate changes to 18.00% per month after 6 mon..
What is the difference between framework convention and a protocol? What are the advantages and disadvantages to a two-stage approach to negotians? Why do most negotiations for globl environmental regimes end up taking a two-stage approach?
Could you please help with this equation and explain how you came to your answer. Consider a version of the Tragedy of the Commons in which herder
Draw a diagram showing how agricultural price subsidy is given to farmers through establishing a price floor. Why economists consider this policy as inefficient? After all we support our farmers and prevent them from becoming bankrupt. Is there a be..
We can use pairwise comparison if we want to compare the means between the average GPA in 8 different schools.
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