Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

pls helo answer both 1. (10 pts) Sandra just purchased a condominium for $100,000 and plans to sell it in 20 years for $200, glf

pls helo answer both image text in transcribed
1. (10 pts) Sandra just purchased a condominium for $100,000 and plans to sell it in 20 years for $200, glf she had instead purchased a diversified stock portfolio with the purchase amount of her condominium that earns 8% per year, how much would she have in her stock portfolio in 20 years? 2. The population of Fony is 100 people. 40 work full-time, 20 work half-time, but would prefer to work full-time, 15 are looking for a job, 10 would like to work but are discouraged that they have given up looking, 10 are not interesting in working because they are full-time students, and 5 are retired. a.) ( 5pts) What is the number of unemployed in Fony? b.) (5 pts) What is Fony's unemployment rate? c.) (5 pts) What is the labor force participation rate? 1. (10 pts) Sandra just purchased a condominium for $100,000 and plans to sell it in 20 years for $200, glf she had instead purchased a diversified stock portfolio with the purchase amount of her condominium that earns 8% per year, how much would she have in her stock portfolio in 20 years? 2. The population of Fony is 100 people. 40 work full-time, 20 work half-time, but would prefer to work full-time, 15 are looking for a job, 10 would like to work but are discouraged that they have given up looking, 10 are not interesting in working because they are full-time students, and 5 are retired. a.) ( 5pts) What is the number of unemployed in Fony? b.) (5 pts) What is Fony's unemployment rate? c.) (5 pts) What is the labor force participation rate

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Managerial Finance

Authors: Chad Zutter, Scott Smart

16th Global Edition

1292400641, 978-1292400648

More Books

Students also viewed these Finance questions

Question

Find the exact length of the curve. x = t sin t, y = t cos t, 0 t 1

Answered: 1 week ago

Question

Then the value of ???? is (a) 18 (b) 92 (c)910 (d) 94 (e)32

Answered: 1 week ago