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Home Question Bank Economics Archive 2024 December 02

Economics Questions from Dec 02,2024

Browse the Economics Q&A Archive for Dec 02,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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14. Fer recibió una herencia mensuales e iguales. Para determinar el monto mensual P , en pesos, que se le entregará a Fer, la institución encargada le otorga una tasa de interés c de un \( 0,5 \% \) mensual en un plazo de n meses, y utiliza el modelo: \[ \mathrm{P}=\frac{\mathrm{cH}}{1-(1+\mathrm{c})^{-\mathrm{n}}}, \] tal que c está escrito en su forma decimal. Si Fer ha decidido recibir la herencia en un plazo de 60 meses, ¿cuál de las mensualmente? expresiones representa el monto, en pesos, que recibirá A) \( \frac{250000000}{1-(51)^{-60}} \) B) \( \frac{2500000}{1-(1,5)^{-60}} \) C) \( \frac{250000}{1-(1,05)^{-60}} \) D) \( \frac{25000}{\text { D) }} \) Q-1: The Williams purchased a home for \( \$ 480,000 \). They made a \( 20 \% \) down payment and borrowed the rest at \( 5 \% \) interest compounded monthly on a 20 -year loan. Their monthly payments are \( \$ 2507.83 \). After making their first payment, how much will the Williams still owe on the house? Hint: Make the first line of an amortization table to help answer this question. Questão 5 Genesildo pegou um empréstimo de \( \mathrm{R} \$ 8000,00 \) em um banco que cobra uma taxa de \( 2 \% \) ao mês em juros simples. Quanto Genesildo deverá pagar ao banco após 3 meses? \( P \) dollars in principal grows to \( A \) dollars after \( t \) years with annual interest, then the interest rate is given by \( r=\left(\frac{A}{P}\right)^{\frac{1}{t}}-1 \). Part 1 of 3 (a) In one account, \( \$ 10,000 \) grows to \( \$ 16,296 \) after 6 yr. Compute the interest rate. Round your answer to a tenth of a percent. The interest rate is approximately \( 8.5 \% \). Part: \( \mathbf{1 / 3} \) Part 2 of 3 (b) In another account \( \$ 10,000 \) grows to \( \$ 25,579 \) after 7 yr. Compute the interest rate. Round your answer to a tenth of a percent. The interest rate is approximately \( \square \) \%. 4. You go back to the stand, yet again to get food for your grandmother. Since this is your fourth trip today, Sandy decides to give you a \( 20 \% \) off discount. You buy a cheeseburger. French fries, a soda, popcorn and a bottle of water. How much do you pay? (Be sure to take off the discount before adding in sales tax) \( P \) dollars in principal grows to \( A \) dollars after \( t \) years with annual interest, then the interest rate is given by \( r=\left(\frac{A}{P}\right)^{\frac{1}{t}}-1 \). Part: \( \mathbf{0 / 3} \) \( \square \) Part 1 of 3 (a) In one account, \( \$ 10,000 \) grows to \( \$ 16,296 \) after 6 yr. Compute the interest rate. Round your answer to a tenth of a percent. The interest rate is approximately \( \square \) \%. Dirk ran out of paper towels. At the store, he finds a 2-pack of Quick Clean paper towels for \( \$ 1.74 \) and a 4-pack of Soft 'n Strong paper towels for \( \$ 3.60 \). Which brand is the better value? 7. [0/0.6 Points] DETAILS \( _{\text {MY NOTES }} \) AUFEXC4 11.2.027. 1/100 Submissions Used Calculate the future value of \( \$ 6,000 \) earning \( 7 \% \) interest compounded quarterly for 6 years. (Round your answer to \( P=\$ 2400, r=9.2 \%, t=7 \) months Use the formula \( A=P(1+r t) \) to calculate the maturity value of \[ P=\$ 12,000, r=8.9 \%, t=8 \text { months } \]
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