Find the final amount (rounded to the nearest dollar) in the retirement account where $1000 per quarter is invested at 4.2%, compounded quarterly, for 10 years; then while that money is accumulating interest in the new account, a new retirement account is started where $1500 per quarter is invested at 7.4%, compounded quarterly, for 15 years.
In: Finance
You just took a $90,000, 10 years loan. The annual percentage rate (APR) is 8%. You are obligated to pay a flat payment at the end of each QUARTER. (a) Make a loan amortization table; (b) Plot a figure to show the flat payment, payment to interest, and payment in each quarter. SHOW IN EXCEL PLEASE
In: Finance
In: Economics
Explain the application of the “wealth effect” on consumer spending in the recession of 2008
In: Economics
Does government borrowing crowd out public sector spending?
In: Economics
Explain revenue variances and spending variances in flexible budget planning?
In: Accounting
What is the opportunity cost of government spending on servicing the interest on the debt.
In: Economics
In: Accounting
What is the investment multiplier and how does it work on the spending in an economy?
In: Economics
What are the advantages of spending much money on retailer support in industry ?
In: Operations Management