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A: * SOLUTION :- (2) As per guidelines I answered first three sub parts like a,b,c.
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A: Given: Percentage change in quantity demanded=5% Percentage change in price=6%
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A: Since , the driver was negligent and he doesn’t have the updated license
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A: The answer is - The amount of money recieved by the drug dealers goes down.
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A: Given: The future amount of the equipment is = $7,000,000 Years = 3 The inflation rate is = 10% The ...
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A: please find the answer below.
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A: Factors of productions are referred to as those inputs which are used in the process of production o...
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A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a...
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A: please find the answer below.
Q: A credit plan charges interest rate of 35% compounded monthly. Find its effective rate. 41.20% O 40....
A: Given interest rate = 35 % compounded monthly
Q: Suppose you bought a condo for $200,000 financing it with a $40,000 down payment of your own funds a...
A: * SOLUTION :- Given that , (2) Based on given information the calculation is as follows.
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Q: which statement is true In the absence of market power and externalities, efficiency is achieved in...
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- Suppose you deposited $200 at the end of every year for seven years in an account that earned 6% annual effevtive interest. At the end of seven years, how much would the account be worth?c. You want $1,000,000 in the bank when you retire in 35 years. How much should you deposit each year? Assume an interest rate of 10%. What is the annual payment if you defer retire to 40 years?How much money will you have in seven yearsif you deposit $7,000 in the bank at 8.5% interestcompounded daily?
- 8. What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year?Please use excel and explain how you solved it step by step thank you What is the present value of an investment of $5,000 per year for 8 years with 10% interest?1. How much must you deposit each year to have $20,000 at the end of 15 years with money worth 7%?
- How long does it take for your money to double if you can earn 7% on your investment? Triple? Quadruple?An investment company is going to place $300,000 into an annuity. Then, it is going to add $25,000 a quarter to the annuity for the next 15 years. If the annuity draws 8% interest, how much will it be worth at the end of the time?Why is the interest 2% instead of 8%
- It is likely that airplane tickets will increase 8% in each of the next 5 years. The cost of a plane ticket at the end of the first year will be 10622. How much money would need to be placed in a savings account now to have money to pay for a trip at the end of each year for the next 5 years? Assume the savings account pays 2% annual interest. Round your answer to 2 decimal places.(2) How long will it take $800 to yield $72 in simple interest at 4%? Ans. 2.25 yrs.An investment of $2658 is made at the beginning of each month for 4 years and 11 months. How much will the investment be at the end of the term, if interest is 5% compounded monthly? Round your answer to 2 decimal places.
