Question
Leah deposited $50,000 in the bank. Three years later, she borrowed $40,000 for a new truck. From this description, which is the most accurate statement?
Leah deposited $50,000 in the bank. Three years later, she borrowed $40,000 for a new truck. From this description, which is the most accurate statement?
2.10000 investment at rate of 5% compounded continously. how long will it take to triple in value
3.As a non-English-native person, I somehow find it difficult to understand the following: When an account is said to be debited, what does this mean? How does this differ from an account that is credited? Both seem to be checking(withdrawal-possible) account, and I am having difficulty distinguishing these two. How do they differ in some math-quantity understanding in economics?
4.Suppose a stock will pay a dividend annually forever. Inparticular, it will pay a
$60
dividend in one year and the dividend will increase
percent per year thereafter. The interest rate is
percent. What is thestock's price?
5.C(x) is the cost to produce x batches of widgets and R(x) is the revenue in thousands of $. C(x)= 3x + 32 and R(x) = -x2 + 15x.
Graph Both Functions.
Find the minimum break-even quantity
find the maximum revenue
find the max profit
6.A firm's demand curve is estimated to be Q = 400 - 3P, where Q is quantity and P is the price of the good. At P = $21, the point elasticity of demand is
7.A firm's demand equation is given by: Q = 60 - 60P + 2Y, where Q is quantity, P is price, and Y is income. If price increases by $2 and income increases by $67, then quantity demanded will change by how manyunits.
8.why do politicians advocate that the people go shopping when in a recession?
9.Andrea, a self-employed individual, wishes to accumulate a retirement fund of$800,000. How much should she deposit each month into her retirement account, which pays interest at a rate of2.5%/year compounded monthly, to reach her goal upon retirement35yearsfrom now? (Round your answer to the nearest cent.)
10.Andrea, a self-employed individual, wishes to accumulate a retirement fund of$800,000. How much should she deposit each month into her retirement account, which pays interest at a rate of2.5%/year compounded monthly, to reach her goal upon retirement35yearsfrom now? (Round your answer to the nearest cent.)
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