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Right Bank offers EAR loans of 9.17% and requires a monthly payment on all loans.
What is the APR for these monthly? loans?
What is the monthly payment for a loan of
(a?) $210,000 for 7 ?years, ?
?(b?) $465,000 for 11 ?years, ?
?(c?) $1,100,000 for 28 ?years?
Suppose Fiat recently entered into an Agreement and Plan of Merger with Case for $4.3 billion. Prior to the merger, the market for four-wheel-drive tractors consisted of five firms. The market was highly concentrated, with a Herfindahl-Hirschman inde..
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Foreign aid: Consider a Solow economy that begins with a capital stock equal to $300 billion, and suppose its steady-state level of capital is $500 billion. Summarize what this exercise teaches you about the possible consequences of foreign aid. In t..
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