Doris wade purchased a condominium for $50,000 in 1987. her down payment was $20,000she financed the remaining amount as a $30,000, 30-year mortgage at 7%, compounded monthlyher monthly payments are $200. it is now 2007 (20 years later) and doris has sold the condominium for $100,000, immediately after making her 240th payment on the unither effective annual internal rate of return on this investment is closest to which answer below? (a) 3.6% (b) 8.5% (c) 5.3% (d) 1.5%

How do patents and copyrights encourage innovation? they limit the number of inventions an individual may patent or copyright, so more people can invent things. they prevent inventors and other creative people from making huge profits, thus keeping prices low for consumers. they grant companies the right to copy the inventions and creative works of individuals at little or no cost. they give inventors and writers exclusive rights to make and sell their inventions and works, possibly making large profits?

11.     before adding cream to a simmering soup, you need to a. simmer the cream. b. chill the cream. c. strain the cream through cheesecloth. d. allow the cream reach room temperature. student d   incorrect which answer is right?

Why is efficiency an important economic goal?