What is one drawback shared by both monopolies and oligopolies?

his morning, you borrowed $150,000 to buy a house. The mortgage rate is 7.35 percent. The loan is to be repaid in equal monthly

masha68 [24]

Answer: 277.61 - option B

Explanation: you borrowed $150000

20-year mortgage at 7.35 percent. Start by dividing 0.0735 by 12 to find that the monthly rate equals 0.0061. Next, add 1 to 0.0036 to get 1.0061. Third, multiply 20 years by 12 payments per year to find that your loan consists of 240 monthly payments. Fourth, raise 1.0061 to the negative 240th power to get 0.2323. Fifth, subtract 0.2323 from 1 to get 0.7676. Sixth, divide 0.0061 by 0.7676 to get 0.007947. Finally, multiply 0.007947 by $150,000 to find your monthly payment will be $1192

Repeat for the second payment by using 11 month instead of 12

Then you will get: 277.61

5 0

2 years ago

estion. 10. Leticia walks down stairs, alternating her feet. Leticia is probably _______ year(s) old. A. four B. two C. one D. t

vovangra [49]

D. Three years old that is the correct answer

7 0

2 years ago

Read 2 more answers

Suppose that flu shots create a positive externality equal to $8 per shot. Further suppose that the government offers a $11-per-

Ede4ka [16]

Answer:

The answer is: the equilibrium quantity is larger than the socially optimal quantity.

Explanation:

In order for the equilibrium quantity and the socially optimal quantity to be equal, the government subsidy should have been equal to the positive externality created by the flu shots ($8). Since the government subsidy is larger, $11, then the equilibrium quantity will be higher (more flu shots supplied because of high subsidy).

4 0

2 years ago

Chris has been newly appointed as the head of the HR team at Cuffington Corp. In an attempt to establish a more efficient and re

pentagon [3]

Answer:

KSAOs play a significant role in interviews and selection decisions

Explanation:

According to the given situation, Chris has been hired as an HR team at C Corp. and he took the responsibility of developing job descriptions and specialization for the vacancy of engineers.

Here Chris collects relevant data about the KSAO's so that he can choose a specialized engineer for an organization.

So, in the above case, the relevant answer is KSAOs play a significant role in interviews and selection decisions.

8 0

2 years ago

You just opened a brokerage account, depositing $3,500. You expect the account to earn an interest rate of 9.652%. You also plan

Afina-wow [57]

Answer:

$108,583.98

Explanation:

Given:

Initial deposit = $3,500

Rate = 9.652%

You also plan on depositing $4,500 at the end of years 5 through 10.

Required:

What will be the value of the account at the end of 20 years, assuming you earn your expected rate of return?

First calculate the future value of first installment, $3500 at end of year 20, since the amount was not deposited at once:

$3500 * PVIF(0.9652, 20) = 22,100.35$

Calculate the future value of annual deposits at end of year 10:

Given, N = 6 years )i.e from 5 to 10 years)

I/Y = 9.652%

PV = 0

PMT = $4,500

FV(9.652%, 6, 4500, 0)

FV = $34,416.63

Calculate the future value of annual deposits at end of year 20:

Given, N = 10 Years (from end of year 10, to year 20)

PV = 34,416.43

I/Y = 9.652%

FV = 34,416.43 * PVIF(0.9652, 10)

FV = $86,483.63

The total future value at end of year 20:

Future value of initial deposit + Future Value of annual deposits

= $22,100.35 + $86,483.63

= $108,583.98

The value of the account at the end of 20 years = $108,583.98

5 0

2 years ago