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Home Question Bank Economics Archive 2024 November 07

Economics Questions from Nov 07,2024

Browse the Economics Q&A Archive for Nov 07,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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p.a compounded monthly Money be invested in order to double in value in 6 years Cuando aumenta el Gasto del Estado, puede demostrarse que el balance del sector público empeora en la mayoría de las ocasiones. sólo en una economía cerrada. sólo si dicho aumento se destina a actividades improductivas. siempre La Cuenta Corriente del Balance de Pagos no incluye los egresos en concepto de utilidades y dividendos. los ingresos en concepto de préstamos. los ingresos por exportación de servicios los egresos en concepto de intereses. You have 24 months to pay. No deposit is required. Calculate the total amount to be paid over a period of 24 months. The monthly instalment, quoted in the advertisement, is calculated on a hire purchas agreement which charges interest of \( 7,5 \% \) p.a. on the cash price of the cellphone. Show that the price of the cellphone is \( \mathrm{R} 4779,13 \). Calculate the total interest paid over a period of 24 months if the cell phone is boug vith this hire purchase agreement. he cell phone is insured at \( 11,5 \% \) p.a of the cash price. The total insurance is alculated and then solit up over 24 months. It is then added to the monthly instalm Question content area top Part 1 Use the savings plan formula to answer the following question. Your goal is to create a college fund for your child. Suppose you find a fund that offers an APR of 6 %. How much should you deposit monthly to accumulate ​$84 comma 000 in 18 ​years? Question content area bottom Part 1 You should invest ​$    enter your response here each month. ​(Do not round until the final answer. Then round to two decimal places as​ needed.) Find the savings plan balance after 15 months with an APR of 5​% and monthly payments of ​$200. Question content area bottom Part 1 The balance is ​$    enter your response here. ​(Do not round until the final answer. Then round to the nearest cent as​ needed.) Un deportista ingresa a un gimnasio. La inscrip. ción ciene un costo de \( \$ 45000 \) y la mensualidad de \( \$ 75000 \). a. Identifica la función y calcula la inversión realiza- da el primer año. Si una persona se inscribe y paga siete meses de mensualidad por adelancado, ¿cuànito paga en total? Question content area top Part 1 Use the savings plan formula to answer the following question. You put ​$300 per month in an investment plan that pays an APR of 4.5​%. How much money will you have after 14 ​years? Compare this amount to the total deposits made over the time period. Question content area bottom Part 1 After 14 years the investment plan will contain ​$    enter your response here. ​(Do not round until the final answer. Then round to the nearest cent as​ needed.) Question content area top Part 1 Use the savings plan formula to answer the following question. You put ​$200 per month in an investment plan that pays an APR of 4.5​%. How much money will you have after 28 ​years? Compare this amount to the total deposits made over the time period. Question content area bottom Part 1 After 28 years the investment plan will contain ​$    enter your response here. ​(Do not round until the final answer. Then round to the nearest cent as​ needed.) Next question Suppose you want to have \( \$ 700,000 \) for retirement in 30 years. Your account earns \( 8 \% \) interest. Round your answers to the nearest cent. a) How much would you need to deposit in the account each month? b) How much interest will you earn? Question Help: Video
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