Economics Questions from Dec 16,2024

Browse the Economics Q&A Archive for Dec 16,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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How much interest is earned on a CD with a 2 year fixed maturity, if the initial investment is \( \$ 810 \) and the annual interest rate is \( 2.3 \% \) ? Interest \( =\$[?] \) Round your answer to the nearest hundredth. How much interest is earned on a CD with a 2 year fixed maturity, if the initial investment is \( \$ 810 \) and the annual interest rate is \( 2.3 \% \) ? Interest = \( \$[?] \) Round your answer to the nearest hundredth. 4. A bicycle shop is selling \( \$ 500.00 \) bikes at \( 10 \% \) off. If the sales tax is \( 7 \% \) how much will the bike cost in total? 3 Um vendedor tem um salário mensal fixo de \( R \$ 1350,00 \) mais uma comissãd \$ 1,50 sobre cada produto vendido, nessas condições qual seria a função que xpressa esse problema? Find the consumer's surplus and producers' surplus under pure competition for demand function \( x=\frac{25}{4}-\frac{p}{9} \) and supply function \( p=5+x \), where \( p \) is price and \( x \) are quantity. A lawnmower was traded in for R236 after 10 years. The depreciation was calculated at \( 9,2 \% \) p.a. on a straight-line basis. Determine the cost of the lawnmower 10 years ago. Jesus is buying a new Flat Screen for his daughter. The total cost is \( \$ 1800 \). He puts down a down payment of \( \$ 180 \). There is add-on interest of \( 8 \% \). What is the total amount to be repaid if he takes 6 years to pay for the purchase. Use the APR Table 5: Find the APR Purchase Price: \( \$ 10000 \quad \) Add-on Interest Rate: \( 6 \% \) Down Payment: \( \$ 2500 \) payments: 36 The APR is \( 11.0 \% \). The APR is \( 10.5 \% \) The APR is \( 11.5 \% \). The APR is \( 10.0 \% \) Use the APR Table 5: Find the APR \( \begin{array}{l}\text { Purchase Price: } \$ 10000 \\ \text { Rate: } 6 \% \\ \text { Down Payment: } \$ 2500 \\ \text { payments: } 36\end{array} \quad \) Add-on Interest \begin{tabular}{l} Use the APR Table 5: \\ Find the APR \\ \( \begin{array}{l}\text { Purchase Price: } \$ 10000 \\ \text { Rate: } 6 \% \\ \text { Down Payment: } \$ 2500 \\ \text { payments: } 36\end{array} \quad \) Add-on Interest \\ \hline\end{tabular}
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