Login
Premium
Home Question Bank Economics Archive 2024 December 25

Economics Questions from Dec 25,2024

Browse the Economics Q&A Archive for Dec 25,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

error msg
A farmer borrows Gh 1,000 and agrees to repay with a total interest of Ghф 140 in 12 monthly instalments, each instalment being less than the preceding instalment by Ghф 1 What should be his first instalment? A man repays a loan of Gh \( \phi 3,250 \) by paying in the first month and then decreases the payment by Gh \( \phi 305 \) every month. How long will he take to clear his loan? 31 The company paid \( \$ 3,600 \) cash in dividends. Nov. 1 The company reimbursed S . Rey in cash for business automobile mileage allowance (Rey logged 1,000 miles at \( \$ 0.32 \) per mile). 2 The company received \( \$ 4,633 \) cash from Liu Corporation for computer services performed. 5 The company purchased computer \( s u p p l i e s \) for \( \$ 1,125 \) cash from Harris Office Products. 8 The company billed Gomez Co. \( \$ 5,668 \) for services performed. 13 The company received notification from Alex's Engineering Co. that Business Solutions's bid of \( \$ 3,950 \) for an upcoming project was accepted. 18 The company received \( \$ 2,208 \) cash from IFM Company as partial payment of the October 28 bill. 22 The company donated \( \$ 250 \) cash to the United Way in the company's name. Continued on next page ... Thomas wants to retire in 20 years. He can deposit a lump sum of \( \$ 20,000 \) today into an account earning \( 6 \% \) interest compounded annually. He also plans to contribute \( \$ 1,000 \) annually for the next 20 years into the same account. What will be the future value of his retirement fund in 20 years? [3] 8. During her free time, Sophia runs a small online business selling handmade jewelry. She deposits \( \$ 150 \) at the end of each month into an account that earns \( 4 \% \) interest, compounded monthly. How many monthly deposits will Sophia need to make to accumulate \( \$ 6,000 \) in the account? 4.26 An invoice of RM2500 dated \( 12^{\text {th }} \) February 2011 was offered \( 6 \% \) trade discount and cash discount terms of \( 7 / 10,5 / 20, n / 30 \). a) Find the net payment if the invoice was paid on \( 21^{\text {st }} \) February 2011 b) How much is the total discount obtained? You invest $2,500 in an account that earns 4% interest compounded quarterly. How much will the investment be worth after 5 years? Find the future value of craig's account if he deposts at 12 so for 5 years at \( 14 \% \) intrest compounatel annvally. 1. Suppose demand for cars in Delhi as a function of income is given by the following equation: \[ Q=20,000+5 M \] Where \( Q \) is quantity demanded, \( M \) is per capita level of income in rupees. Find out income elasticity of demand when per capita annual income in Delhi Rs 15,000 1. एक निश्चित धन में ₹ 1008 और वार्षिक ब्याज दर
Prev 1 2 Next
1 2
Prev Next
Study can be a real struggle
Why not UpStudy it?
Select your plan below
Premium

You can enjoy

Start now
  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to Answer and Solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic

Totally free but limited

  • Limited Solution
Welcome to UpStudy!
Please sign in to continue the Thoth AI Chat journey
Continue with Email
Or continue with
By clicking “Sign in”, you agree to our Terms of Use & Privacy Policy