Annuity present value
What is the value of today of a 15-year annuity that pays $500 a year? The annuity's first payment occurs at the end of year 6. The annual interest rate is 12 percent for years 1 through 5, and 15 percent thereafter.
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How are corporate profits taxed in the United States. Earnings are taxed first as personal income then as corporate profits at the federal level.
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Southern California Publishing Company is trying to decide whether to revise its popular textbook, Financial Psychoanalysis Made Simple.
You want to borrow $45,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $950, but no more. Assuming monthly compounding, what is the highest APR you can afford on a 60-month loan?
You have just purchased a new warehouse. To finance the purchase, you have arranged for a 30- year mortgage for 80 percent of the $1,600,000 purchase price. The monthly payment on this loan will be $10,000. What is the APR on this loan? The EAR?
what would happen in the very short run to output and the real interest rate? What must happen to the LM curve and the price level to restore general equilibrium? Draw and label the graphs.
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