It depends what for... but If its really important, u would say 50,000
Answer:
Option D
Explanation:
Begin Mode
N = ?
i = 9.25 12 = 0.7708
Principal = $125,500
PMT = $1,350
FV = 0
161.7058
= 162 (nearest whole number)
Answer:
The correct answer is option c.
Explanation:
Tougher licensing tests and costly sterilization will increase the cost of production for the piercing studios. The studios will be able to supply a lesser quantity of piercings at the same cost. This will cause the supply curve of piercings to move to the left.
This leftward shift in the supply curve would cause the equilibrium price of piercings to increase and the equilibrium quantity to decrease.
Answer:
The correct answer is option A.
Explanation:
In the time of recession expansionary policy is required to boost the economy. An expansionary fiscal policy such as a reduction in tax will be helpful. A tax cut will cause an increase in disposable income. This will cause aggregate demand to rise. Consequently, output and employment will increase.
Similarly, in times of inflation, a contractionary policy will be required to eliminate inflationary pressures. A decrease in government spending would lead to a decrease in aggregate demand. This will cause the price level to get reduced.
Thus an economist would recommend tax cuts in case of recession and reduction in government spending in case of inflation.
Answer:
The approximate yield to maturity is 9.43%.
Explanation: