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Home Question Bank Economics Archive 2024 November 11

Economics Questions from Nov 11,2024

Browse the Economics Q&A Archive for Nov 11,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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I Jayden is going to buy a new 60 -inch TV for \( \$ 325.00 \) plus \( 8 \% \) sales tax. How much will Jayden spend on sales tax for this TV? \begin{tabular}{l} 17 A product's sales price is R100 \\ the profit on that product is R20 \\ the cost of materials to make the product is R80 \\ The company currently sells 100 units of the product \\ the marketing department decides to reduce the price to R90 to attract more customers. \\ How many more units does the company need to sell to make the same amount of profit it did before the price cut \\ \hline\end{tabular} 17 A product's sales price is R100 the profit on that product is R20 the cost of materials to make the product is R80 The company currently sells 100 units of the product the marketing department decides to reduce the price to R90 to attract more customers. How many more units does the company need to sell to make the same amount of profit it did before the price cut 2. Se de ea acumular \( \$ 800 \) de interés con un capitul de \( \$ 1,200 \) a una tasa de interés del \( 4 \% \) anual. ¿Cuánto tiempo se necesitu? Bethany needs to borrow \( \$ 8000 \). She can borrow money at \( 6.9 \% \) simple interest for 3 yr or she can borrow at \( 6.5 \% \) with interest compounded continuously for 3 yr . : Which option results in less total interest? \( 6.5 \% \) compounded continuously results in less total interest They both result in the same total interest \( 6.9 \% \) simple interest results in less total interest 1. Una tienda de ropa ofrece un \( 30 \% \) de descuento en todas las camisetas. Además, el cliente recibe un \( 10 \% \) si paga con tarjeta de crédito, Juan compra una chaqueta en \( \$ 150 \) 000 y un pantalón en \( \$ 80000 \). ¿cuánto debe pagar si cancela en efectivo y cuanto debe pagar si cancela con tarjeta de crédito? What is the yield on a corporate bond with a \( \$ 1000 \) face value purchased at a discount price of \( \$ 925 \), if it pays \( 5 \% \) fixed interest for the duration of the bond? \[ \text { yield }=[?] \% \] yield \( =\frac{\text { interest paid }}{\text { price paid }} \) What is the yield on a corporate bond with a \$1000 face value purchased at a discount price of \( \$ 950 \), if it pays \( 6 \% \) fixed interest for the duration of the bond? \[ \text { yield }=[?] \% \] yield \( =\frac{\text { interest paid }}{\text { price paid }} \) An investor purchased 40 shares of stock in a company for \( \$ 2,000 \), with an \( \$ 8 \) commission. Later, all of the stock was sold at \( \$ 51 \) per share. What was the gain or loss on this investment? \[ \text { Gain or Loss }=\$[?] \] Suppose you have \( \$ 11,000 \) to invest. Which of the two rates would yield the larger amount in 5 years: \( 12 \% \) compounded quarterly or \( 11.86 \% \) compounded continuously? Which of the two rates would yield the larger amount in 5 years? \( 11.86 \% \) compounded continuously \( 12 \% \) compounded quarterly
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