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Home Question Bank Economics Archive 2025 January 13

Economics Questions from Jan 13,2025

Browse the Economics Q&A Archive for Jan 13,2025, featuring a collection of homework questions and answers from this day. Find detailed solutions to enhance your understanding.

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10. Your 6 and \( 2 / 3 \) year investment of \( \$ 1,450 \) at \( 5.4 \% \) compounded monthly brought you a grand total of? Use dollar sign, commas, and decimals in your answers!!!! for Example \( \$ 49,555.13 \) 9. You borrowed \( \$ 95 \) for 1 year at \( 5.2 \% \) interest that is compounded semi annually. What will you pay back in full? Use dollar sign, commas, and decimals in your answers!!!! for Example \( \$ 49,555.13 \) Rodrick Martin \( 01 / 13 / 256.32 \mathrm{PM} \) ariation and Percents Question 49, 4.4.C-25 HW Score: 73.81\%, 46.5 of 63 points Points: 0 of 1 Save When sales of a particular hybrid automobile reach 60,000 units, federal income tax credits begin to phase out One year after reaching this threshold, buyers are stil elighle for \( 15 \% \) of the original \( \$ 3500 \) credit. What tax credit would buyers receive if they purchased the vehicle at this time? Buyers would receive a tax credit of \( \$ \) \( \square \) (Type a whole number or a decimal.) ER Pay \| mylyyant. Kentialy Departwe Rodrick Martin 01/13/25 6:31 PM Iation and Percents Queation 40, 4.4.C-25 HW Score: 73.01\%, 46.5 of 63 points Points: 0 of 1 Save When sales of a particular hytrid automotile reach 60.000 units, foderal income tax credits begin to phase out One year after reaching this threshold, buyers are still eligibla for \( 30 \$ \) of the original \( \$ 3500 \) credi. What tax credi would buyens receive if they purchased the vehicle at this time? Buyen would recelve a tax creda of \( \$ \) \( \square \) (Type a whele number or a decimal) A bank offers an annual interest rate of 5% compounded annually. If you deposit $1,000, how much money will you have after 3 years? Financial Literacy Admission to a circus is \( \$ 16 \) for adults and \( \$ 8 \) for children. Write an expression to find the total cost of 3 adult tickets and 8 children's tickets. Then find the total cost. Calculate the amount of an annuity of N 20000 payable yearly for 5 years at \( 12 \% \) per annum. 9. Financial Literacy Tyree and four friends go to the movies. Each person buys a movie ticket for \( \$ 7 \), a snack for \( \$ 5 \), and a drink for \( \$ 2 \). Write an expression for the total cost of the trip to the movies. Then find the total cost. (Example 6 ) Harold owns a building valued at \( \$ 400,000 \). He purchased \( \$ 280,000 \) in property insurance on the building, and the property insurance contract includes an 80 percent coinsurance clause. Required: 1) If an \( \$ 80,000 \) covered loss occurs, how much will Harold collect from his insurer? 2) If a \( \$ 340,000 \) covered loss occurs. how much will Harold collect from his insurer? Which of the following is a characteristic of a service (i.e., not a product or good)? usually labor intensive O involves the transformation of raw materials easy to track and monitor qualities can be easily stored for future use
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