Q 3 please Choose the correct answers for the following questions:1. Calculate the final amount in a bank account after 2 years if $1000 is deposited at 6% per yearinterest compounded quarterly.500120mvongB) $1136A) $1126C) $1226D) $112602. Jan decides to invest $9,000 in a 401(k). If this is invested for 40 years, how much will there be inthe account at the end? Assume that he invests in a broad stock market no-load index fund that hashistorically returned 12% per year.B) $877,458.73A) $537,458.73C) $837,458.73D) $837,968.733. Jeff opens a charge card account with a department store. In the charge account agreement, thestore indicated it charges 1.5% each month on the unpaid balance. What nominal annual interestrate is being charged?B) 18%A) 8%C) 16%D) 14%4. Sue opens a charge card account with a department store. In the charge account agreement, thestore indicated it charges 2% each month on the unpaid balance. If the nominal annual interest rateis being charged is %24, what is the effective annual interest rate?B) 20.82%A) 19.82%C) 16.82%5. The basic requirement(s) that must be met for an asset to be depreciated?A) It must be used in business or held for production of income.B) It must have a definite service life, and that life must be longer than 1 year.C) It must be something that wears out, decays, gets used up, becomes obsolete, or loses value fromnatural causes.D) 26.82%D) All of the mentioned.6. How long would it take for an investment to triple if the interest rate is 10% compoundedannually?A) n = 13 yearsB) n = 1.53 yearsC) n = 12.53 yearsD) n=11.53 years7. An asset purchased for $50,000 is to be depreciated over 5 years using the straight-line method.Salvage value is $10,000. Its book value after 3 years is:nasy?YA) $24.000B) $26.000C) $25.500D) $25.000

The nominal interest rate is the rate of interest quoted by a lender or financial institution before…

3. Jeff opens a charge card account with a department store. In the charge account agreement, the store indicated it charges 1.5% each month on the unpaid balance. What nominal annual interest rate is being charged? A) 8% B) 18% C) 16% D) 14%

3. Jeff opens a charge card account with a department store. In the charge account agreement, the store indicated it charges 1.5% each month on the unpaid balance. What nominal annual interest rate is being charged? A) 8% B) 18% C) 16% D) 14%

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Assume that the parcels are essentially identical and that the minimum selling price of each is $575,000. The following table states each person's willingness and ability to purchase a parcel. Willingness and Ability to Purchase Person (Dollars) Andrew 520,000 A-Z Beth 510,000 Lorenzo 750,000 Neha 660,000 Sam 600,000 Teresa 550,000 Which of these people will buy one of the three beachfront parcels? Check all that apply. O Andrew Beth O Lorenzo O Neha O Sam O Teresa Assume that the three beachfront parcels are sold to the people that you indicated in the previous section. Suppose that a few days after the last of those beachfront parcels is sold, another essentially identical beachfront parcel becomes available for sale at a minimum price of $535,000. This fourth will nurchase it from the seller for at least the minimum ncice be sold because parcel MacBook Air F12 O O O
Give me correct answer with calculation otherwise i give down vote Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.
Jack and Diane work at a bakery. Jack can make either five batches of cookies or two cakes per hour, while Diane can make either four batches of cookies or three cakes per hour. At 9:00 a.m. they receive an order for 24 batches of cookies and nine cakes. What time is the soonest they can have the order ready?
3. Consider a home energy storage (battery) system that can store up to 2 units of energy. At every time step, there is a demand for energy in the home which is drawn from 0,1,2 units with equal probability independent of the demands in the previous time steps. At every point in time, you have to satisfy the demand either by discharging the needed energy from the battery or purchasing power from the grid (or a combination of the two). You could also choose to purchase power from the grid to charge your battery. The grid energy price is either H(igh) or L(ow) according to a Markov chain (Price moves from H to L with probability p, and from L to H with probability q). (a) Model the decision making as an infinite horizon MDP where the objective is to minimize the discounted cost of energy purchased over an infinite horizon. (b) Write down a policy a of your choosing. Perform two steps of the operator T, for your policy, followed by one step of T..
4. Consider the situation in which player 1 knows what game is played (the first or the second). But player 2 only knows that the first game is played with probability 1/3 and the second game is played with probability 2/3. Player 1 Player 1 Player 2 S B S 1,1 0,0 B 0,0 0,0 Player 2 S B S 0,0 0,0 B 0,0 2,2 (a) Describe the game as a Bayesian game. (b) Find the Bayesian Nash equilibria.
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Chegg Home Expert Q&A My solutions Student question Time Left: 00:09:10 Which of the statements is INCORRECT? People pursue different happiness such as YOLO or FIRE. Money is not related to happiness at all. On average, experiential purchases are more likely to make people happy compared to material purchases. We need to understand our own well-being first to better understand consumer well-being. Which of the statements is INCORRECT? O People pursue different happiness such as YOLO or FIRE. O Money is not related to happiness at all. O On average, experiential purchases are more likely to make people happy compared to material purchases. O We need to understand our own well-being first to better understand consumer well-being. く

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Blue Co. makes a processor that requires a metal that can only be found in a single mine in Peru. Do you expect the price elasticity of supply for this processor to be elastic or inelastic? Explain in 1-4 sentences.
Becky is deciding whether to purchase an insurance for her home againtst burglary. the payoff for her is shown as follow: Net worth of her Net worth of her home: $ 20000 burglary(10%) Net worth of her Net worth of her home: $50000 burglary (90%) The insueance would cover all the loss from burlary and the insurance fee is $8000. Her utility funtion is given as u=w ^0.3 Should Beck purchase the insurance Explain.
Give me correct answer with calculation and full explanation otherwise i give down vote Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.