Question
1.Calculate the total monthly payment: You want to buy a house that costs $250,000, you have $25,000 for a down payment, loan rate interest is
1.Calculate the total monthly payment: You want to buy a house that costs $250,000, you have $25,000 for a
down payment, loan rate interest is 3.5% a year compounded monthly and you plan to get a 25-year loan
with a balloon payment of $30,000. Insurance costs $450/year and property taxes are 8% a year of the
assessed value of the house. The assessed value is $120,000.
You will need to use the PMT function to calculate the terms of the mortgage, and then you will need to
manually add the monthly payments required to service both the insurance costs and property taxes.
2.How do union strikes affect the overall impact on a business or corporation (i.e. employees, profit, etc.). Is this beneficial to the overall success of the economy?
3.How does global economic competition affect the price elasticity of demand in the domestic market and decisions related to the strategy a firm uses to compete?
4.Every field of study is disparate without an umbrella knowledge holding them all-together. What is that knowledge of study?
5.Suppose a firm's demand function is Q = 5 - P/8. What is the firm's revenue function?
6.What factors lead to a download sloping demand curve
7.How many days will it take for $1400 to earn $12 interest if it is deposited in a bank paying simple interest at the rate of 6%/year? (Use a 365-day year.
8.Explain why does GDP omit the sale of used goods financial transactions and government transfer payments
9.A loss is when the company revenue does what
10.Do patents create pure monopoly for the prescription drugs that are protected by the patent
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