An investment of $3523 is made at the beginning of each month for 5 years and 10 months. How much will the investment be at end of the term, if interest is 1% compounded monthly? the Round your answer to 2 decimal places.
Q: The market equilibrium price will increase and output will decrease once the government makes a firm…
A: .Externality is a situation when the consumption/production of a good/service affects people around…
Q: Suppose the following table illustrates the hypothetical values of actual Real GDP (Y), the…
A: We will utilize the Taylor rule and Phillip curve for solving this question The Taylor rule is given…
Q: E1 The higher the value of e, the ______________(More or less) units of foreign currency a dollar…
A: Definition of exchange rate is that, the amount pf home is currency required to buy a unit of…
Q: a) Alex spends all his money on jeans and shirts. His utility function is given: U(X₁, Xs)=XjXs² The…
A: Utility refers to the satisfaction attained from the consumption of the good. The aim of a rational…
Q: Tulip growing is a perfectly competitive industry and all growers have the same costs. The market…
A: A perfect competition market, also called an atomistic market, is referred by various idealizing…
Q: In the game depicted below, firms 1 and 2 must independently (no collusion) decide whether to charge…
A: a. Be that any firm who takes the first choice would chose High price to maximize their pay-off. The…
Q: Calculate the change in aggregate output (to one decimal place) if the marginal propensity to…
A: Here, marginal propensity to consume is given as 0.38, according to the which one can identify the…
Q: Assuming a firm has this short-run production data below, do the following: a. fill-in the rest of…
A: MPL=∆TP∆LAPL =TPLTFC = Php2000 x KTVC = Php 700 x LTC = TFC + TVCMC = ∆TC∆QAFC = TFCQAVC = TVCQATC…
Q: Suppose the below table shows your demand schedule for CDs. Quantity Demanded Price $10 8 6 4 2 (a)…
A: In the mentioned question we have to calculate total utility , marginal utility and consumer surplus…
Q: What is the difference between a "shift in PPC" and. a "pivot in PPC"?
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Player 1 and Player 2 will play one round of the Rock-Paper-Scissors game. The winner receives a…
A: The game theory is the investigation of the manners by which collaborating decisions of economics…
Q: Define the concept of the price elasticity of demand. Given that the price of petrol in the UK has…
A: The law of demand states the inverse relationship between the price and quantity demanded. however…
Q: The city government is considering two tax proposals: • A lump-sum tax of $300 on each producer of…
A: In the mentioned question we have been asked what would happen if The city government imposed A…
Q: The socially optimal level of emissions of most pollutants is zero. Select
A: Marginal Social Cost and Marginal Social Benefit: The addition in the total social cost when one…
Q: Direct tax levied on imported goods refers to international trade barriers in the form of; Cukai…
A: Tariffs might be levied either to raise income or to safeguard domestic industries, however, a…
Q: Calculate the SNAP benefit for the family below A family of five living in Reading, PA. The father…
A: A government programme called SNAP (Supplemental Nutrition Assistance Program), formerly known as…
Q: What can a monopolist or a firm with market power do, in order to increase the profits?
A: Monopoly firm is characterized by the presence of single firm in the market. The single firm is…
Q: The Economy is at Point B today after being at Point A for the past 5 years. Which of the following…
A: LRAS is the long run aggregate supply curve that shows potential GDP produced in the long run.
Q: The following national accounting data are available for an economy for 2020. GDP Household…
A: National savings is the total savings of an economy which includes the savings of households,…
Q: Giving examples, outline the reasons for using a discretionary fiscal policy
A: Fiscal policy: It refers to a policy that is used by the government or central bank. It is a policy…
Q: Outline the possible advantages for a government of allowing the currency to depreciate against its…
A: The rate at which currency of one country can be converted into currency of other country is known…
Q: Consider a 25-year loan with an annual interest rate of 7 percent and monthly payments of $1,201.53.…
A: In the mentioned question we have to calculate the values of loan amount, Lender's IRR and also we…
Q: MOER # The table below shows how supply and demand Price ($/gal) Demand (million of gal.) 790 700…
A: The point of equilibrium in a market lies at the point of intersection between the demand and the…
Q: overall impact for entrepreneurs and for businesses both large and small when pandemic attack
A: Small businesses are small because they are small in size in all dimensions like capital, employees…
Q: The following table presents the valuations that 5 different consumers have for 2 different…
A: The bundle pricing is optimal as the willingness to pay for the bundle C= product A+ product B, is…
Q: Externalities are only inefficient when they impose a cost. They are not inefficient when they…
A: An externality is an expense or benefit of an economic action experienced by an inconsequential…
Q: Explain. Incorrect as well In an imperfect market, individual firms: a. are always able to…
A: In business and economics, a market is defined as where the sellers and consumers meet to facilitate…
Q: Q2. You are choosing between two-goods, X and Y, and your marginal utility from each is as shown in…
A: A consumer is said to maximize its utility for two or more goods when the last penny spent on all…
Q: Galvanized Products is considering purchasing a new computer system for their enterprise data…
A: Answer:- Step 1.
Q: A competitive firm's production function is given by y = f(K, L) = 8K 1 /2 + L 1/4 Assume that the…
A: Production function represent the technological relationship between input and output of the goods…
Q: Role of government and financial intermediaries in the recovery – fiscal and monetary policies.…
A: Recovery is the phase after recession. Government and financial intermediaries play a key role in…
Q: D Question 21 Value-based pricing begins with analyzing O product attributes and product features O…
A: Value-based evaluation is a system of setting costs principally founded on a customer's apparent…
Q: The division of a tax burden between Consumers and Producers is known as Tax IncidenceProducers bear…
A: Tax incidence refers to the ratio and the manner according to which tax is being divided among the…
Q: constraint optimization 1. a. use the substitution method. given the production function,…
A:
Q: Provide answers in the form of a percentage to three decimal places . (a).What is the effective…
A:
Q: What is the importance of the terms of trade?
A: Introduction - A key economic indicator of a company's health based on its imports and exports is…
Q: Why leads a monopoly to welfare losses? Describe the different market equilibria of perfect…
A: Monopoly: Monopoly can be defined as a market structure defined by a single vendor selling a product…
Q: The figure below shows the US domestic supply and demand for CD-ROM drives. The world price is $15…
A: Here the supply curve is the curve depicting how much production of manufacturing goods is being…
Q: Due to the impact of Tropical Storm Harry in the Caribbean, the price of sugar rises from $0.50 to…
A: Price rise from $0.50 to $1 Quantity demand falls from 120 to 40
Q: Question 3 “In the meat market in US, there are 4 major meat corporations which have been…
A: A market is made up of buyers and sellers who collectively determine the price of an item or…
Q: 1. Thinking about the analysis of profit maximising behaviour in a monopoly, which statement will be…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Rework part (f), assuming that Annie holds the bond for 10 years and sells it when the required…
A: According to the question below information given that PV= 1,000 N=10 I/Y= 7%
Q: WATER HEATER 20 KW DEEP FRYER 3 kW OVEN OVEN 3 kW OVEN
A: The relation between the resistance R,voltage V and power P is :
Q: Question 49 A perfectly competitive firm does not have which of the following characteristics? A.…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: ed ok You're in the desert on an extremely hot day and become quite thirsty. Luckily you come upon a…
A: The term "marginal utility" (MU) describes the increased utility that results from the consumption…
Q: National Public Radio (NPR) is a public good. The cost (supply) of each "unit" of NPR is P=2.…
A: NPR is a public good Cost; P = 2 per unit Derek's Valuation/Demand; PD = 10-Q Kim's…
Q: A country should specialize in the production of the good in which it has the lowest opportunity…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Indicate what components of GDP (if any) each of the following transactions would affect. Check all…
A: In the mentioned question we have to categorize each transaction in such a manner that we can…
Q: Suppose the Central Bank sets 1 year real interest rates by following this Taylor rule: rt = +…
A: Taylor's Rule is used by the central banks to draw out a framework for the interest rates in the…
Q: Economics As a nation we often talk about our pride in being “a nation of immigrants.” How does…
A: Answer: The sense of pride is applicable to Mexicana as Mexican Americans played role in American…
Step by step
Solved in 5 steps
- 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.Calculate the annual payouts C to be given for 15 years with an interest rate of 8% on an annuity with a present of value of $150,000. Round your answer to the nearest cent. Do not include the dollar sign in your answer.Find the present value (in dollars) of an annuity that pays $7,000 at the end of each 6-month period for 7 years if the interest rate is 6% compounded semiannually. (Round your answer to two decimal places.) $
- What is the future value of $3,000 saved for 6 years at 4% interest compounded annually? Enter your answer rounded to two decimal places.A bank saving account offers 4% compounded on a quarterly basis. A customer deposit $200, in this type of account, at the start of each quarter starting with the first deposit on the first of January and the fourth deposit on the first of October. What is the total amount in his account at the end of the year?What is the present value of a series of 6 payments of $5,000 each at 7.25%compounded annually?
- Jane deposits $5,000 in a bank account that earns 6% interest compounded semi-annually. How much money will she have after 10 years?Jake Werkheiser decides to invest $5000 in an IRA at the end of each year for the next 11 years. If he makes these investments, and if the certificates pay 9%, compounded annually, how much will he have at the end of the 11 years?For the next 15 years, you will deposit $1,500 every month in a savings account. The account pays 6% interest compounded monthly. What is the future value of this series?
- You were entitled to receive $5,000 at the end of six months for the rest of your life. If the interest rate is 10% compounded monthly, what is the present value of perpetuity? can someone explain how come the answer is 97,936.84?SHOW SOLUTIONS AND WRITE NEATLY THE FORMULA COMPOUND INTEREST What simple interest rate is equivalent to 71/2% compounded semi annuaaly, if money is invested for 61/2 years? IN 2 decimal places, input the % signChris makes a deposit of $500 into his savings account at the beginning of each year for the next 20 years. If the account earns 5% interest rate per year compounded annually, what will be the future value at the end of 20 years?Need to calculate.