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EQUATIONS Please use the following equation(:) to help solve problems for the chapter. Equation for: interest income Related concepts: bood market, money market, foreign exchange
EQUATIONS Please use the following equation(:) to help solve problems for the chapter. Equation for: interest income Related concepts: bood market, money market, foreign exchange market, ADAS model For example, a $100000 bood paying 2%6 for 10 years, esco: a total of $200100 in interest tocome. 200 = 1000 x 102 x 10 In addition, somesigebra may be used to flod an unknown variable such as bood price or bond yield 200 = P X_02 x 10 200 = P x.2 200 NJN .2 = P X 1000 = P Equation for: equation of exchange MY = PY Related concepte : monetary policy, money market, AD/AS model For example, the economy below has a general equilibrium of full employment output at approximately $1675 billion, Dont fos gross domestic product M - 800 7 - 2.094 P - 15 7 - 1,116.7
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