Payday loans issued by banks are often referred to as "direct deposit advances." In early 2013, the average direct deposit advance charged $ 10 for a $ 100 advance and was due in 10 days. What is the effective annual rate on this type of loan?

What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage

Acompany recently announced that it would be going public. the usual suspects, morgan stanley, jpmorgan chase, and goldman sachs will be the lead underwriters. the value of the company has been estimated to range from a low of $5billion to a high of $100billion, with $45billion being the most likely value. if there is a 20% chance that the price will be at the low end, a 10% chance that the price will be at the high end, and a 70% chance that the price will be in the middle, what value should the owner expect the company to price at?

Suppose the demand function for a firm's product is given by ln qxd = 7 - 1.5 ln px + 2 ln py - 0.5 ln m + ln a where: px = $15 py = $6 m = $40,000, and a = $350