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The 30 minute-year mortgage on a $20,000 house that carries a 3% annual interest rate.
a. What is the equivalent monthly interest rate (show in percentages with two decimals)
b. What is the monthly payment on the mortgage?
Business Economics, Economics
A state Department of Transportation claims that the mean wait time for various services at its different location is more than 6 minutes. A random sample of 16 services at different locations has a mean wait time of 9.5 ...
Why are many business and data series only presented in seasonally adjusted data?
A sample of 100 people is classified by gender (male/female) and by whether they are registered voters. The sample consists of 80 females and 20 males, and has a total of 60 registered voters. If these data are used for ...
Suppose that the demand curve for tickets to see a football team play a game is given by Q = 80,000 - 40P and marginal cost is zero. The team's stadium can host 75,000 fans. i) How many tickets would the team sell if it ...
A grocery store carries the following items. There are two main categories of food - conventional and organic ingredients - and four food groups. The data are shown in the following table. Food Groups Food Categories Gra ...
Due to the impact of Tropical Storm Harry in Caribbean, the price of sugar rises from $0.50 to $1.00 per bag and the quantity demanded falls from 1000 bags to 400 bags a. Calculate the elasticity of demand for sugar b. I ...
How technology, government regulations, international factors, expectations about the future, and the macroeconomy play a role in managerial decision-making? Carefully explain each by giving example.
Find the probability that 4 randomly selected people all have the same birthday, given that all of them were born in September. Ignore leap years.
Manny, Moe and Jack have the following demand curves for pears: QManny = 100 - 2P = 70 - 2P + 10 Ppear + .25 YManny where P Pear = 2 and YManny = 40. QMoe = 300 - 4P = 80 - 4P + 35 Ppear + .75 YMoe where P Pear = 2 and Y ...
What are the differences between the programming lanaguages of VHDL and Verilog? Why use one over the other? Provide some examples for pulsed waveforms.
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