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Answer:
3.27% change in per capital real GDP between 2018 and 2019.
Explanation:
The Per capital real of GDP = Real GDP / Population
In 2016 Per capital real of GDP:
$1.21 Billion / 9.68 Million(change billion to million)
= $1,210 Million / 9.68 Million
= $125
In 2017 Per capital real of GDP::
$1.5 Million / 11.62 Million
= $1,500 Million / 11.62 Million
= $129.09
Therefore Growth in real GDP per capital = ($129.09 / $125) - 1
= 3.27%
Answer:
$5,983.40
Explanation:
Data provided in the question:
Principle amount = $5,000
Interest rate, r = 6% = 0.06
Time, t = 3 years
Compounded monthly i.e number of periods n = 12
Now,
Final amount = Principle × 
or
Final amount = $5,000 × 
or
Final amount = $5,000 × 1.005³⁶
or
Final amount = $5,000 × 1.196
or
Final amount = $5,983.40
Answer: If<em><u> the market price of an I-Pod is $220, there will be a surplus of I-Pods.</u></em>
Explanation:
Given :
= 10×P
= 3,000 - 5×P
The equilibrium will occur where supply is equal to demand
i.e.
=
10P = 3000 - 5P
15P = 3000
P = $200
∴<u>The equilibrium price is $200</u>
<em><u>Hence, If the market price of an I-Pod is $220, there will be a surplus of I-Pods</u></em>
The question is missing an important information. 'The bond is currently selling at an asking price of 101.25' In this part there should have been a date at which date the bond was selling at 101.25.
Nevertheless, I will provide with the calculation, if you find out the date, just plug in the value in it and you will get the answer.
The bond price mentioned is $ 101.25 percent of par, which would be $ 1012.5. Since, it is asking for price at May 1st then you know that it has been 89 days since the last semi-annual coupon was paid ( February 1st (28) + March (31) + April (30) = 89 days.
The missing date (from the question) will be divided by 89 days. The answer will be added to $1012.5.