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Determine the marginal and the average benefit for depression medication doses showing your work, by using the correct units, and rounding to 2 decimal places where necessary.
A mutual stock fund has grown at a rate of 16% compounded annually since its beginning. If it is anticipated that it will continue to produce at this rate, discuss how much must be invested every y
According to a recent article on NEWSYTPE.com. "3 years ago Bavaria, the largest state in Germany, was devastated by a poor hops crop (an input into beer production)."
The price elasticity of demand for tires is 0.9. If an increase in the price of oil (used to form the tires) causes the market prices of tires to increase from $60 to $75, discuss by what percentag
Assume you had one of the 3 winning tickets in last week's Powerball Lottery; your prize would have been $188 million if you took your winnings in the form of an annuity.
An interest rate of 10% compounded continuously is desired on an investment of $15,000. Determine how many years will be needed to recover the capital with desired interest if $2,030 is rec
Betson Enterprises distributes and markets Big Buck video game, which allows players to "hunt" for the antelope, elk, moose, and the bucks without shivering outside in cold.
An investor buys a 4.5% 20-year bond with a face value of $10000 for $11386.05. If the purchaser holds the bond to maturity, determine the effective annual ROR compounded semiannually?
The price of product X decreases from $20 to $12, and the total quantity of monthly accounts increases from 100,000 to 225,000 in a local market.
Process device A, which costs $100,000, has annual operating and labor costs of $60,000, and has a useful service life of four years, with an estimated salvage value of $10,000.
A broadband service company borrowed the $2.4 million and repaid loan in amounts of $200,000 in years 1 and 2 plus a lump sum amount of $3.168 million at the end of year 3. Determine the interest r
A major electronics manufacturer expects to produce the additional revenue from its recently won government contract. The company forecasts that revenue will be $190 million in the first year, but w
Susan made 4 uniform annual deposits of $1800 in a savings account that earned an interest rate of 2% per year. Her last deposit was made 7 years ago. Determine the future value of her savings 13 y
Calculate the amount of equal annual deposits required in years 7 through 14 to provide for a series of annual withdrawals of $2400 beginning nine years from now and increasing at the rate of 2% per
Identify the equivalent of present worth (t = 0) of a uniform series of $4550 for 8 years, if the payment is made every 12 months, starting six years from now. Suppose the interest rate is 12% per
Assume in a survey of N = 400 students, 215 responded that they prefer small classes and 185 responded that they prefer large classes.
Barite's Boards has two factories in Denver and Malibu that were originally dedicated solely to skateboard production. As it turns out though, each of factories could be used to form both the surfbo
The operating cost of a broiler is $20,000 per year for years 1 and 2 and then it increases by 6% per year through year 10. Determine the equivalent uniform cost of the broiler at an interest rate
Val-lok industries manufacture miniature valves and fittings. Over a period of 8 years, the costs associated with 1 product line were as follows: initial investment cost of $22,000 and annual costs
A permanent endowment at the Wartburg College is to award scholarships to engineering science students twice per year. The first awards are to be made beginning 11.5 years after a $2.2 million lump
In a given market at a given demand, time for a service increases and supply of that service decreases. Examine the impact of these changes on equilibrium price and quantity. Make sure you analyze
Suppose you want to buy a house and can afford a $10,000 down payment and a $1,000 monthly mortgage payment. If 30-year mortgage loans are available for a nominal rate of 3% per year with monthly co
Determine the cross price elasticity of demand with respect to a change in price of pretzels? Simplify to a function of price of pretzels and coke.
Assume that in January 2014, Joe Biden had borrowed $50,000 from his bank and paid an interest rate of 3%. He paid it back on December 31, 2014. Explain what was the nominal interest C rate that Mr.
The annual salaries of an employee who work for a company have a mean of $62,250 and a standard deviation of 9,820. The years of experience for the same employees have a mean of 18 years and a stand