Answer:
a. 12% per year
Explanation:
Effective interest rate
r = (1 + i/n)^n - 1
r = effective interest rate
i = simple interest rate compounded monthly
n = number of compound intervals
12.68% = ((1+i/12)^12)-1)
1+0.1268 = ((1+i/12)^12)
1.1268^(1/12) =1+i/12
1.010 = 1+i/12
1.010-1 = i/12
0.010 x 12 = i
i = 0.12 = 12%
Oil level, tire presseure
Farmer Mac helps Farm and Country Bank maintain enough capital to provide credit loans to the farmers, ranchers, and other rural residents of its community.
<h3>What is Farmer Mac?</h3>
The United States federal government founded the Federal Agricultural Mortgage Corporation, better known as Farmer Mac, as a secondary market for agricultural loans, such as mortgages for agricultural real estate and rural housing, in 1988. Farmer Mac is a stockholder-owned, publicly listed firm. The business buys loans from agricultural lenders and then markets products that are secured by those loans. The business collaborates with the US Department of Agriculture as well.
To learn more about Farmer mac visit:
brainly.com/question/17203429
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Answer: the government giving tax breaks to companies locating in poor geographic areas.
Explanation:
Answer:
if n=1 (monopoly) we have
if n goes to infinity (approaching competitive level), we get the competition quantity that would be
Explanation:
In the case of a homogeneous-good Cournot model we have that firm i will solve the following profit maximizing problem
from the FPC we have that
since all firms are homogeneous this means that
then
the industry output is then
if n=1 (monopoly) we have
if n goes to infinity (approaching competitive level), we get the competition quantity that would be