<span>An economic expansion leads to lower needs-tested spending and higher induced taxes. The spending on programs that returns advantage or benefits to people and business that are qualified is known as needs-tested spending. When the economy expanded the unemployment rate decreases so as the need-tested spending.</span>
<span>1 candy cost 1
2 candies cost 1+.50=1.50 ( here D is not an integer, hence we cannot buy 2 candies . so we can reject all cases where D is non Integer)
3 candies cost 1.50 +1 =2.50
4 candies cost 2.50+.50= 3
5 candies cost 3+1= 4
6 candies cost 4+.50= 4.50
7 candies cost 4.50+1=5.50
8 candies cost 5.50.+.50= 6
9 candies cost 6+1= 7
.....
13 candies cost =10
(i) D is prime
D=3 and N=4 (N is even)
D=7 N=9 (N is odd )
not sufficient
(ii) D is not Divisible by 3
D=1 N=1
D=4 N =5
D=7 N=9
D=10 N=13
so we see if D is not divisible 3 then N is always odd.</span>
Greeting's!
<span>c. earnings before interest and taxes .
______________________________
</span>
$2,095.30 interest will she pay by the time the loan is repaid
Solution:
The $5,500 guaranteed Stafford loan is taken from Gertrude.
The loan has a monthly compounding interest rate of 6.8 percent.
Price current= $5,500.
Present Value = $5,500
Time period = 10 years
So , N = 10 x 12 = 120 months.
Interest rate, R = 6.8/1200 = 0.005666667
PV = Pmt * [1 - (1+R)^(-N)]/(R)
5500 = Pmt * [1 - (1+0.005666667)^(-120)]/(0.005666667)
Pmt = $63.29418157
She got full refund. = 63.29418157 x 120 = $7,595.30
Interest paid = Total repayment - Loan Principal
= $7,595.30 - $5,500
= $2,095.30
