Business, 17.10.2019 01:00 moowalden1239
Determine the monthly payment of a loan for $3,000 at 7.5% interest compounded monthly for 36 months.
a. $93.32
b. $95.40
c. $211.33
d. $253.60
Answers: 2
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An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?
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In macroeconomics, to study the aggregate means to study blank
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Determine the monthly payment of a loan for $3,000 at 7.5% interest compounded monthly for 36 months...
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