. A coffee maker costs P2,000. If it is bought 10years from today with an interest rate of 3%, how much will it be? 2,867 O 2,876 2,687 2,786
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- Use logarithms to solve the problem. How long will it take $12,000 to grow to $19,000 if the investment earns interest at the rate of 2%/year compounded monthly? (Round your answer to two decimal places.) yrYou are making basil sauce. The recipe calls for ½ ounce of olive oil. A gallon of olive oil costs $18.95. How much will the olive oil cost in this recipe?Your parents invest $10,000 in a college fund when you are born. They find a fund that will return 8% per year for 18 years. When you are 18 you find a school that charges $12,000 tuition per year. Tuition increases at a rate of 11% per year (so the second year will have a tuition of 13200) Explain how this will not be enough money take care of four years of school? How many years of college will this take care of? Explain your answer fully.
- Discuss the Thaler wine problem with your group, and summarize the discussion and any conclusions in a few sentences here. “Suppose you bought a case of a good 1982 Bordeaux for $20 a bottle. The wine now sells at auction for about $75 a bottle. You have decided to drink a bottle. Which of the following best captures your feeling of the cost to you of drinking this bottle?” (Thaler, 1999) $0 $20 $20 plus interest $75 -$55 (negative $55 cost) Or something else?If a business has $1,000 Cash currently, $300 Revenue each month going forward, and negative $200 Profit each month going forward, how many months will it take for the business to run out of money?The probability that a mobile phone is stolen in an electronic shop is 0.0008. If 8500 mobile phones are sold, what is the approximate Poisson probability that 5 or fewer will be stolen? A- 0.327 B- 0.833 C- 0.781 D- 0.256
- find the NPV FOR THE FOLL WITH A DISCOUNT RATE OF 15.15? 6,122,500.00 9,612,500.00 10,207,500.00 13,092,500.00 12,785,000.00 16,328,750.00 16,328,750.00Economy Consider again the economy from the last question, where inflation is currently 4 percent and the government would rather it be at 1 percent. If this economy decides to spread out the loss of GDP evenly over ten years, each year it will have to give up ___________ percent of its GDP. Carefully follow all numeric instructions. Be sure to enter your answer "as a percent, but without the percentage sign." If 99.99 percent of each year's GDP must be given up, put 99.99 in the blank.The calculation determines profitability or growth potential of an investment, expressed as a percentage, at the point where NPV equals zero
- It costs a company c(x) dollars to produce x units. Thecurve y c (x) is called the firm’s marginal cost curve.(Why?) The firm’s average cost curve is given by z c(xx).Let x* be the production level that minimizes the company’saverage cost. Give conditions under which the marginal costcurve intersects the average cost curve at x*.A MANUFACTURING FIRM WISHES TO GIVE EACH 80 EMPLOYEES A HOLIDAY BONUS. HOW MUCH IS NEEDED TO INVEST MONTHLY FOR A YEAR AT 12% NOMINAL INTEREST RATE, COMPOUNDED MONTHLY, SO THAT EACH EMPLOYEE WILL RECEIVE A P2,000.00 BONUS? a.P12,600.90 b.P12,615.80 c.P12,300.80 d.P12,608.70Annie tells her granddaughter, Mary, that in 1934 you could buy a house for $ 17,000 and a jacket for $ 6 . Mary says that in 2018 such a house costs $ 275,000 and such a jacket costs $ 60 . The CPI in 1934 was 15.2 , and in 2018 , it was 245.4 . Which house has the lower real price? Which jacket has the lower real price? The house with the lower price is the _______, and the jacket with the lower price is the _______. A. $275,000 house in 2018; $6 jacket in 1934 B. $17,000 house in 1934; $60 jacket in 2018 C. $275,000 house in 2018; $60 jacket in 2018 D. $17,000 house in 1934; $6 jacket in 1934