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E-loan,an online lending service,recently offered 48month auto loan at 4.8% compounded monthly to applicants with good credit rating. If you havae a good credit rating and can afford monthly payments of $480. how much can you borrow from e-loan. and what is the total interest yyou will pay for this loan
Suppose that the firm uses three inputs to produce its output: capital K, labor, L and materials, M. The firm's production function is given by Q = K^ (1/3) * L ^ (1/3) * M ^ (1/3). The prices of capital, labor, and materials are r=1, w=1, and m=1..
If the MARR is 15% per year and the analysis period is 12 years, use the Present Worth method to determine which alternatives are economically acceptable and which one should be selected. If the total capital investment budget available is $200,00..
Suppose Money Supply is growing at a rate of 7% per year and RGDP is growing at a rate of 3% per year. What is the inflation rate assuming the velocity of money is constant?What will be the inflation rate is the velocity of money is increasing 2% pe..
Calculate the stock's expected return. Round your answer to two decimal places. Calculate the stock's standard deviation. Round your answer to two decimal places. Calculate the stock's coefficient of variation. Round your answer to two decimal places..
Assume that a "leader country" has real GDP per capita of $40,000, whereas a "follower country" has real GDP per capita of $20,000. Next suppose that the growth of real GDP per capita falls to zero percent in the leader country and rises to 2 perc..
Let's explore the business of Charlie the Weaver. He owns a loom which he could sell for $100,000, but instead uses himself. He spends 1250 hours per year on his weaving. He makes little square placemats of different Hollywood scenes that sell for..
What are some of the benefits and costs that contribute to your customer value from each of the following products: a wristwatch, a weight-loss diet, a cruise on a luxury liner, and a checking account from a bank
Discuss the difference between real GDP and nominal GDP and does GDP accurately reflect our country's productivity?
When you were born, your grandfather established a trust fund for you in the cayman islands. The account has been earning interest at the rate of 10% per year. If this account will be worth $100,0000 on your 25th birthday, how much did your grandf..
Assume that by investing $2000000 in transportation system we can prevent 30 accidents per year and save another $100 on annual maintenance cost of vehicals using the system ( 2000 vehicles). The annual maintanence cost for this system is $200000.
Mensa's total cost of production, TC, is given by the equation TC = 5,000 + 5*q*q, where q is Mensa's output. Based on this equation, Mensa's marginal cost is 10q. If the output price is $100, what is Mensa's short-run profit maximizing output
The income elasticities of demand for movies, dental ser- vices, and clothing have been estimated to be 13.4, 11, and 1.5, respectively. Interpret these coefficients. What does it mean if an income elasticity coefficient is negative
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