Login
Premium
Home Question Bank Economics Archive 2024 November 12

Economics Questions from Nov 12,2024

Browse the Economics Q&A Archive for Nov 12,2024, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

error msg
The Giles Agency offers a \( 12 \% \) trade discount when providing advertising services of \( \$ 1,000 \) or more to its customers. Audrey's Antiques decides to purchase advertising services of \( \$ 3,500 \) (not including the trade discount), while Michael's Motors purchases only \( \$ 700 \) of advertising. Both services are provided on account. Suppose you have \( \$ 12,000 \) to invest. Which of the two rates would yield the larger amount in 3 years: \( 8 \% \) compounded quarterly or \( 7.90 \% \) compounded continuously? Which of the two rates would yield the larger amount in 3 years? \( 8 \% \) compounded quarterly \( 7.90 \% \) compounded continuously Matemática Financeira Questão 09 - Joảo decidiu investir R\$ \( 1.000,00 \) em uma conta de poupança que oferece uma taxa de juros compostos de \( 5 \% \) ao mês. Ele planeja deixar o dinheiro investido por 2 meses para aproveitar a capitalização dos juros. Joăo quer saber quanto dinheiro terá ao final do periodo de investimento para planejar uma compra futura. Com base nas informaçōes acima, calcule o montante total que João terá ao final de 2 meses, considerando a taxa de juros de 5\% ao mês. Consider a home mortgage of \( \$ 150,000 \) at a fixed APR of \( 3 \% \) for 15 years. a. Calculate the monthly payment. b. Dotermine the total amount paid over the term of the loan. c. Of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest. a. The monthly payment is \( \$ \square \). (Do not round until the final answer. Then round to the nearest cent as needed.) Consider a student loan of \( \$ 25,000 \) at a fixed APR of \( 6 \% \) for 15 years. a. Calculate the monthly payment. b. Determine the total amount paid over the term of the loan. c. Of the total amount paid, what percentage is paid toward the principal and what percentage is paid for interest. a. The monthly payment is \( \$ \square \). (Do not round until the final answer. Then round to the nearest cent as needed.) Compare the monthly payments and total loan costs for the following pairs of loan options. Aseume that both loans are foxed rate and have the same closing costs. You need a \( \$ 60,000 \) loan. Option 1: a 30 -yoar loan at an APR of \( 7.65 \% \). Option 2: a 15 -year loan at an APR of \( 7.25 \% \). Find the monthly payment for each option. The monthly payment for option 1 is \( \$ \square \). The monthly payment for option 2 is \( \$ \square \). (Do not round untit the final answer. Then round to the nearest cent as needed.) Using a credit card is an oxample of alan installment loan for which there is no schedule for payna a fored amount each period Details about when all your credit accounts were opened, their latest balance, and their payment history are included in a/an \( \square \) Explain, if you were to start your own business, why you would choose an LLC as a business entity structure. Use PMT \( =\frac{\left.\mathrm{P} \frac{\mathrm{r}}{\mathrm{n}}\right)}{\left[1-\left(1+\frac{\mathrm{r}}{\mathrm{n}}\right)^{-\mathrm{nt}}\right]} \) to determine the regular payment amount, rounded to the nearest dollar. The price of a small cabin is \( \$ 30,000 \). The bank requires a \( 5 \% \) down payment. The buyer is offered two mortgage options: 20 -year fixed at \( 7.5 \% \) or 30 -year fixed at \( 7.5 \% \). Calculate the amount of interest paid for each option. How much does the buyer save in interest with the 20 -year option? Find the monthly payment for the 20-year option. \( \$ 230 \). (Round to the nearest dollar as needed.) \( \$ \square \) mound the monthly payment for the 30 -year option. (Rearest dollar as needed.)
Prev 1
...
4 5 6 7 8
...
17 Next
1
...
4 5 6 7 8
...
17
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