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Home Question Bank Economics Archive 2024 December 08

Economics Questions from Dec 08,2024

Browse the Economics Q&A Archive for Dec 08,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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14. [-/4 Points] DETAILS MY NOTES HARMATHAP12 6.2.017. What is the compound interest if \( \$ 48,000 \) is invested for 15 years at \( 6 \% \) compounded continuously \( \$ \square \) If \( \$ 5000 \) is invested at \( 5 \% \) annual simple interest, how long does it take to be worth \( \$ 7000 \) Need Help? Read It 12. [-/4 Points] DETAILS MY NOTES HARMATHAP12 5.1.036. If \( \$ 1000 \) is invested for \( x \) years at \( 9 \% \), compounded continuously, the future value that \( S=1000 e^{0.09 x} \). What amount will result in 7 years? (Round your answer to the nearest cent.) \( \$ \) Need Help? Read II If the MPC is 0.57 , what is the value of the spending multiplier? Please round to 2 decimal places, Be sure to include a negative sign (-) if it i decrease and do not include a dollar sign (\$) when answering. Assume the required reserve ratio is \( 9 \% \), the amount of deposits in a bank are \( \$ 1,390 \), and the bank is holding \( \$ 577 \) in reserves. What is the maximum amount of additional loans this bank can make? Please round to two decimal places and do not include the dollar sign. For example, if your answer is \( \$ 5678.977 \) you would enter 5678.98 . Un pequeño empresario depositó \( \$ 12,000 \) en su cuenta de ahorros en un Banco que le pagaba el \( 3.2 \% \) nominal anual con capitalización mensual. Después de 14 meses decide comprar una máquina cuyo precio al contado era de \( \$ 12,7555 \). ¿Le alcanzará el dinero capitalizado en el Banco? Sara-jane starts saving for her pension. She puts \( \$ 1,500 \) into an annulty each year. Given that annuity pays \( 3.5 \% \) interest calulate how much she will have saved after 30 years. is this a good investment? Sara-jane starts saving for her pension. She puts \( \$ 1,500 \) into an annulty each year. Given that annulty pays \( 3.5 \% \) interest calulate how much she will have saved after 30 years. is this a good investment? Visay invests \( \$ 500,000,000 \) in a bank that pays \( 3.2 \% \) interest compounded annually Calculate how much Visay has in the bank after eight years. Assume a government starts with zero debt. This government then runs an annual deficit for 12 years of \( \$ 2,719 \). At the end of those 12 year what would be amount of the government debt? Please round to 2 decimal places if needed. Be sure to include a negative sign (-) if it is a decrease and do not include a dollar sign ( \( \$ \) ) when answering.
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