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An electric oil pump's first cost is $45,000, and the interest rate is 10%. The pump's end-of-year salvage values over the next 5 years are $42K, $40K, $38K, $32K, and $26K. Determine the pump's economic life. (Answer: 3 years)
Business Economics, Economics
Has a recent drop in airplane passengers resulted in better on time performance? Before the recent downturn, one airline bragged that 92% of its flights were on time. A random sample of 165 flights completed this year re ...
What is the role of local government leadership in assuring that departments and divisions work together to achieve municipal goals and objectives?
What type of exchange rate is associated with a higher probability of experiencing a crisis? Why?
Why do households need to hold a mixture of bonds and money? What determines the proportion of bonds/money that household keeps?
When comparing monopolization to monopolistic competition in the wireless telecommunications world, what are some good differences to touch on in a short paper?
Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean. Assume a standard deviation of 4.3 in a normally distributed population.
1) A firm's marginal rate of technical substitution at M P L/M P = 3, and the ratio of prices of labor and capital ,w/r, is 4. a) Is the firm minimizing its cost? Why or Why not? b) What can it do to improve its situatio ...
One study, based on responses from 1, 013 randomly selected teenagers, concluded that 43% of teenagers cite grades that their greatest source of pressure. Use a 0.05 significance level to test the claim that fewer than h ...
If the coefficient of determination is 0.738, what percentage of the data about the regression line is unexplained?
Suppose an industry that has n1 = 2 firms each with a supply curve S1(p) = 2p-8, and n2 = 4 firms each with a supply curve S2(p) = p-2. Construct the industry supply curve and plot it on a graph.
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Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate
Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p
Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As
Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int
Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As