Answer:
Explanation:
The monthly payment to pay a loan with constant rate is given by the formula:
![Payment=Loan\times \bigg[\dfrac{r(r+1)^t}{(r+1)^t-1}\bigg]](https://tex.z-dn.net/?f=Payment%3DLoan%5Ctimes%20%5Cbigg%5B%5Cdfrac%7Br%28r%2B1%29%5Et%7D%7B%28r%2B1%29%5Et-1%7D%5Cbigg%5D)
Where:
- r is the monthly compounded rate and it is equal to the APR (annual percentage rate) divided by 12: r = 5.5%/12 = 0.055/12
- t is the number of months: t = 60
Then, you can subsitute with the maximum payment to find the <em>maximun amount you can afford to borrow</em> (loan):
![\$200=Loan\times \bigg[\dfrac{(0.055/12)((0.055/12)+1)^{60}}{((0.055/12)-1)^{60}-1}\bigg]](https://tex.z-dn.net/?f=%5C%24200%3DLoan%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B%280.055%2F12%29%28%280.055%2F12%29%2B1%29%5E%7B60%7D%7D%7B%28%280.055%2F12%29-1%29%5E%7B60%7D-1%7D%5Cbigg%5D)
Answer:
Explanation:
The price system and I assume you mean the free price system, is very important in an economy. There are advantages and disadvantages to it.
In a free price system, the forces of supply and demand determine prices. The most efficient use of resources is when supply matches demand. Supply and demand are equal when the market determines the price at which a number of goods supplied equals a number of goods demanded. The price system also allows us to buy many products. Manufacturers are willing to make products when they can make money. When supply equals demand, businesses are maximizing the profit potential at the given price level.
One disadvantage of the price system is that for certain products, the costs of setting up the industry are so high, there is only one seller of the product. In cases like these, such as with the electric and the natural gas companies, or with the water companies, without government regulation, prices could be very expensive since they are the only provider of the product. In these cases, the government needs to regulate these industries because the price system would lead to very high prices for water, electricity, and natural gas. Since the setup costs for these industries are so high, there is no competition for these companies. This could cause consumers to make some very difficult choices if the prices are regulated by the government.
I had to look for the options and here is my answer:
Given the short run aggregate supply curve, the ones that are believed to stay unchanged along it would be the i<span>nstitutions, such as patent laws and tax systems, that make up the "rules of the game" and the resource prices. (These answers are based on the actual options with this question.)</span>
Answer:
The correct answer is A. Free-operant, trial-based; concurrent schedules, multiple schedules
The correct full sentence is:
Free operant and trial-based are stimulus preference assessment methods, while concurrent schedules and multiple schedules are reinforcer assessment methods.
Answer:
Option "A" is correct. Expected amount of misstatements
Explanation:
