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If you had $ 4000 now and invested it at 6% simple interest, how much would it be worth 12 years from now? How much would it be worth if you receive 5% compound interest instead of 6% simple interest?
Business Economics, Economics
100, randomly selected adults were asked if they drink at least 48oz of water eaxh day and only 45% said yes. Determine whether the sample is likely to be representative of the population.
A university's leadership council is made up of 12 members: 4 are students, 3 are teachers, and 5 are deans. A newspaper reporter is planning to select two of the council members for interviews. The first member will be ...
How does a high-tech industry differ from most other industries? Provide two examples.
A game is played with a bag of marbles. The bag contains 3 red, 5 blue, and 10 yellow marbles. A player can reach in the bag and randomly select one marble. If the marble is Red the player gets $12. If the marble is Blue ...
A manufacturer of cereal has a machine that, when working properly, puts 20 ounces of cereal on average into a box with a standard deviation of 1 ounce. Every morning workers weigh 25 filled boxes. If the average weight ...
A study was conducted of pleas made by 1,032 criminals. Among those criminals, 954 pled guilty, and 394 of them were sentenced to prison. Among the 78 of the other criminals, who pled not quilty, 58 were sentenced to pri ...
What is the relationship among high school rank, ACT scores, time spent studying, a positive attitude toward school, and a successful collegiate experiences?
With smaller companies saving thousands and larger companies saving billions through flexible manufacturing, if you are a discrete parts manufacturer seeking to be more lean, it is important to consider whether this migh ...
a. If the required reserve ratio is 2.50 percent, what is the monetary multiplier b. If the monetary multiplier is 5, what is the required reserve ratio?
Identify economic decision that is driven by a behavioral bias rather than by pure rational behavior. Why are they differ today?
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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