Total revenue for producing 10 units of output is $5. Total revenue for producing 11 units of output is $9. Given this information, the
Average revenue for producing 11 units is $2.
Average revenue for producing 11 units is $4
Marginal revenue for producing the 11th unit is $2.
Marginal revenue for producing the 11th unit is $4.
|
Output |
Total Cost |
|
0 |
40 |
|
1 |
80 |
|
2 |
110 |
|
3 |
130 |
|
4 |
160 |
|
5 |
200 |
|
6 |
250 |
|
7 |
320 |
Refer to the above data. If product price is $30, the firm
will:
A. shut down.
B. produce 4 units and realize a $40 economic profit.
C. produce 6 units and realize a $70 loss.
D. produce 5 units and incur a $60 loss.
In: Economics
PROBLEM: c++ code
You are to write a program to tell you how many months it will take to pay off a loan, as well as the total amount of interest paid over the life of the loan.
You have just purchased a stereo system that costs $1000 on the following credit plan: No down payment, an interest rate of 18% per year (and hence 1.5% per month), and monthly payments of $50. The monthly payment of $50 is used to pay the interest and whatever is left is used to pay part of the remaining debt. Hence, the first month you pay 1.5% of $1000 in interest. That is $15 in interest. So, the remaining $35 is deducted from your debt which leaves you with a debt of $965.00. The next month you pay interest of 1.5% of $965.00, which is $14.48. Hence, you can deduct $35.52 (which is $50 - $14.48) from the amount you owe.
Write a program that will tell you how many months it will take you to pay off the loan, as well as the total amount of interest paid over the life of the loan. Use a loop to calculate the amount of interest and the size of the debt after each month. Put out the monthly amount of interest paid and remaining debt. Use a variable to count the number of loop iterations and hence the number of months until the debt is zero. You may want to use other variables as well.
You are to hand in:
A sample session may run as follows:
Enter the amount of the loan 1000.00
Enter the yearly interest rate 18.0
Enter the monthly amount paid 50.00
Month Principle Interest Principle Remaining
Paid Paid Balance
1 1000.00 15.00 35.00 965.00
2 965.00 14.48 35.52 929.48
3 929.48 13.94 36.06 893.42
.
.
24 47.12 0.71 49.29 -2.17
Number of months to pay of the loan: 24
Total interest paid on loan: 197.83
You have a credit of: -2.17
In: Computer Science
Solve various time value of money scenarios:
1. Jeff just hit the jackpot in Las Vegas and won $25,000! If he invests it now at a 12% interest rate, how much will it be worth in 20 years?
2. Evan would like to have $2,000,000 saved by the time he retires in 40 years. How much does he need to invest now at a 10% interest rate to find his retirement goal?
3. Assume that Stephanie accumulates savings of $1 million by the time she retires. If she invests this savings at 8%, how much money will she be able to withdraw at the end of each year for 20 years?
4. Katelyn plans to invest $2,000 at the end of each year for the next seven years. Assuming a 14% interest rate, what will her investment be worth seven years from now?
5. Assuming a 6% interest rate, how much would Danielle have to invest now to be able to withdraw $10,000 at the end of each year for the next nine years?
6. Jim is considering a capital investment that costs $485,000 and will provide the following net cash inflows: 1st year.................$300,000 2nd year................$200,000 3rd year.................$100,000 Using a hurdle rate of 12%, find the NPV of the investment.
7. What is the IRR of the capital investment described in question 6
In: Accounting
A loan is to be repaid in end of quarter payments of $1,000 each, with there being 20 end of quarter payments total. The interest rate for the first two years is 6% convertible quarterly, and the interest rate for the last three years is 8% convertible quarterly. Find the outstanding loan balance right after the 6th payment.
In: Finance
Problem 5-57 Spreadsheet Problem (LG2, LG9)
|
Consider a person who begins contributing to a retirement plan at age 25 and contributes for 40 years until retirement at age 65. For the first ten years, she contributes $2,300 per year. She increases the contribution rate to $4,300 per year in years 11 through 20. This is followed by increases to $9,300 per year in years 21 through 30 and to $14,300 per year for the last ten years. This money earns a 8 percent return. |
|
First compute the value of the retirement plan when she turns age 65. (Round your answer to 2 decimal places.) |
| Value | $ |
|
Compute the annual payment she would receive over the next 40 years if the wealth was converted to an annuity payment at 7 percent. (Round your answer to 2 decimal places.) |
In: Finance
1) If the bank supervisors find that a bank has low or negative net worth, or is making too high a proportion of risky loans, they can _________.
Select the correct answer below:
a) force the bank to be sold to a financially healthy bank
b) force the bank to close
c) require changes to be implemented that reduce risky behaviors
d) all of the above
2) After a recession, _____.
Select the correct answer below:
a) the economy's internal structure does not usually revert to its exact earlier shape
b) the economy no longer has an internal structure
c) the economy's internal structure is permanently altered
d) the economy's internal structure reverts back to ts exact earlier shape
3) What strategies has the Congress put into place to protect against bank runs?
Select the TWO correct answers below.
Select all that apply:
a) deposit insurance
b) debt ceiling
c) lender of last resort function for the Fed
d) limits to the Fed's ability to control the money supply
4) Contractionary fiscal policy leads to:
Select the correct answer below:
a) a shift of the aggregate demand outward
b) a movement down along the aggregate demand curve
c) a shift of the aggregate demand inward
d) a movement up along the aggregate demand curve
5) Crowding out is a term used to explain which of the following?
Select the correct answer below:
a) when exports consistently exceed imports
b) when domestic investment does not equal domestic savings
c) when government borrowing and spending results in higher interest rates
d) when government investment leads to increased inflation
6) Which of the following is included in the "payroll tax"?
Select all that apply:
a) Medicare tax
b) Social security tax
c) Sales tax
d) Personal income tax
In: Economics
5. A car weighs 2200 lbs. Its mass is
a. 2.2 kg
b. 2200 kg
c. 9.8 kg
d. 1000 kg
6. The weight of an object
a. is related to the quantity of matter it contains
b. is essentially the same as its mass but expressed in different
units
c. is the force with which it is attracted to the Earth
d. remains unchanged as the height varies
7. The action and reaction forces referred to in the third law of
motion
a. are equal in strength and act in the same direction
b. are equal in strength but act in opposite directions
c. act upon the same body
d. always act at right angles to each other
8. Which of the following is a vector quantity
a. time
b. speed
c. mass
d. velocity
9. Which of the following units could be associated with a vector
quantity
a. kg
b. seconds
c. cubic m (m3)
d. N
10. An astronaut whose mass is 80 kg on the Earth is in a
spacecraft at an altitude of 10 Earth radii above the Earth's
surface. His mass there is
a. 8 kg
b. 80 kg
c. 100 kg
d. 40 kg
11. A 2400-kg car whose speed is 6 m/s, rounds a turn whose radius
is 60 m. The centripetal force on the car is
a. 1440 N
b. 240 N
c. 147 N
d. 48 N
12. A moving object must have
a. potential energy
b. acceleration
c. kinetic energy
d. all of the above
13. The work done in holding a 100-kg object at a height of 4 m
above the floor for 20 s is
a. 0 J
b. 500 J
c. 1000 J
d. 98,000 J
14. A temperature of 98.6°F is the same as a temperature of
a. 98.6°C
b. 37°C
c. 100°C
d. 0°C
15. A 20-kg boy runs up a flight of stairs 4 m high in 4 s. His
power output is
a. 80 W
b. 196 W
c. 320 W
d. 784 W
(Note: m/s2 is unit of accelaration "meter per second
squared")
In: Physics
Seasonal affective disorder (SAD) is a type of depression during seasons with less daylight (e.g., winter months). One therapy for SAD is phototherapy, which is increased exposure to light used to improve mood. A researcher tests this therapy by exposing a sample of patients with SAD to different intensities of light (low, medium, high) in a light box, either in the morning or at night (these are the times thought to be most effective for light therapy). All participants rated their mood following this therapy on a scale from 1 (poor mood) to 9 (improved mood). The hypothetical results are given in the following table.
| Light Intensity | ||||
|---|---|---|---|---|
| Low | Medium | High | ||
| Time
of Day |
Morning | 5 | 5 | 7 |
| 6 | 6 | 8 | ||
| 4 | 4 | 6 | ||
| 7 | 7 | 9 | ||
| 5 | 9 | 5 | ||
| 6 | 8 | 8 | ||
| Night | 5 | 6 | 9 | |
| 7 | 8 | 7 | ||
| 6 | 7 | 6 | ||
| 7 | 5 | 8 | ||
| 4 | 9 | 7 | ||
| 3 | 8 | 6 | ||
(a) Complete the F-table and make a decision to retain or reject the null hypothesis for each hypothesis test. (Round your answers to two decimal places. Assume experimentwise alpha equal to 0.05.)
|
Source of Variation |
SS | df | MS | F |
|---|---|---|---|---|
| Time of day | ||||
| Intensity | ||||
| Time
of day × Intensity |
||||
| Error | ||||
| Total |
State the decision for the main effect of the time of day.
Retain the null hypothesis.
Reject the null hypothesis.
State the decision for the main effect of intensity.
Retain the null hypothesis.
Reject the null hypothesis.
State the decision for the interaction effect.
Retain the null hypothesis.
Reject the null hypothesis.
(b) Compute Tukey's HSD to analyze the significant main effect.
The critical value is_________for each pairwise comparison.
In: Statistics and Probability
Seasonal affective disorder (SAD) is a type of depression during seasons with less daylight (e.g., winter months). One therapy for SAD is phototherapy, which is increased exposure to light used to improve mood. A researcher tests this therapy by exposing a sample of patients with SAD to different intensities of light (low, medium, high) in a light box, either in the morning or at night (these are the times thought to be most effective for light therapy). All participants rated their mood following this therapy on a scale from 1 (poor mood) to 9 (improved mood). The hypothetical results are given in the following table.
| Light Intensity | ||||
|---|---|---|---|---|
| Low | Medium | High | ||
| Time
of Day |
Morning | 5 | 5 | 7 |
| 6 | 6 | 8 | ||
| 4 | 4 | 6 | ||
| 7 | 7 | 9 | ||
| 5 | 9 | 5 | ||
| 6 | 8 | 7 | ||
| Night | 5 | 6 | 9 | |
| 8 | 8 | 7 | ||
| 6 | 7 | 6 | ||
| 7 | 5 | 8 | ||
| 4 | 9 | 7 | ||
| 3 | 8 | 6 | ||
(a) Complete the F-table and make a decision to retain or reject the null hypothesis for each hypothesis test. (Round your answers to two decimal places. Assume experimentwise alpha equal to 0.05.)
|
Source of Variation |
SS | df | MS | F |
|---|---|---|---|---|
| Time of day | ||||
| Intensity | ||||
| Time
of day × Intensity |
||||
| Error | ||||
| Total |
State the decision for the main effect of the time of day.
Retain the null hypothesis.Reject the null hypothesis.
State the decision for the main effect of intensity.
Retain the null hypothesis.Reject the null hypothesis.
State the decision for the interaction effect.
Retain the null hypothesis.Reject the null hypothesis.
(b) Compute Tukey's HSD to analyze the significant main effect.
The critical value is _______________ for each pairwise comparison.
Summarize the results for this test using APA format:
In: Statistics and Probability
Thomson Trucking has $13 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 18%, and its return on assets (ROA) is 7%. What is its times-interest-earned (TIE) ratio? Round your answer to two decimal places.
In: Accounting