1. You’d like to buy a house. You can borrow $600,000 but you can only afford to make monthly payments of $2,750. The lender agrees to allow you to make this payment on a 30 year mortgage, but then you must make a balloon payment to cover any shortfall. What is the dollar amount you’ll still owe if your mortgage rate is 4.349%
   $174,763
   $217,206
   $189,305
   $154,611
2. You have $12,000 in credit card debt and have finally decided to start to really pay it off. You determine that you’ll be able to make the following monthly payments. The APR on your credit card is 22%. Your first payment is today. How much will you owe after your last payment?

3. Month	Payment
   1	2000
   2	2000
   3	1500
   4	1500
   5	1500
   6	1000
   7	1000
   8	500
   9	500
   10	500

The Ruritanian Chemical Company shows the following account balances for the month of May 2017 in Ruritanian dollars (R$). Calculate the cost of goods manufactured for May 2017. Also, prepare an income statement for May 2017. ­R$ Customer service cost 800 Direct manufacturing labour 5000 Depreciation plant and equipment 3000 Revenue 51000 Marketing and advertising 1800 Direct materials inventory 1.5.17 3000 Finished goods inventory 31.5.17 6000 Plant repairs and maintenance 3400 Plant utilities 5600 Direct material purchases 7000 Work in progress inventory 31.5.17 4000 Fire insurance plant 800 Indirect materials used 1000 General administrative costs 3000 Depreciation plant building 2000 Work in progress inventory 1.5.17 500 Finished goods inventory 1.5.17 2000 Direct materials inventory 31.5.17 1000 Indirect manufacturing labour 1200 Plant supervision 4000 Miscellaneous plant overhead 1000

1. Sue is planning to buy a house. She has been advised by her financial planner that her monthly house payment (which includes property taxes and insurance) should not exceed 30% of her take-home pay. Currently, her take-home pay is $2000 per month. Her monthly property taxes will be approximately $100 and her monthly homeowners insurance will be approximately $50. If Sue’s take-home pay is $2000 per month, and the mortgage is at 0.5% per month for 30 years, what is the maximum amount she can borrow to buy her house?

2. Gary and Ann have just purchased a new home. They paid $40,000 as a down payment and obtained a $200,000 mortgage to pay for the rest. The 30-year mortgage has an interest rate of 0.5% per month. How much will they pay each month in principal and interest? Your answer must be correct to the nearest penny.

Suppose the economy of Protoss consists of three people: Fenix, Zeratul, and Tassadar. The following table shows their consumer spending at the given disposable income levels.

a. Identify each individual’s consumption function, i.e., the mathematical equation that describes the individual’s consumption schedule given income. (3 points)

b. Draw the individuals’ consumption functions. Label the graph fully. (3 points)

c. Identify aggregate consumption function. Show the intermediate steps. (Hint: You need to add individual disposable income and consumption spending.) (2 points)

d. On a separate graph, draw the aggregate consumption function. (1 point)

e. Suppose everyone’s disposable income becomes $6000. Calculate the individual consumption (for each person) and aggregate consumption. (2 points)

Modified problem. Please answer the questions a, b, c.

Question 1

For the dataset: 20, 20, 10, 10, 40, 50, 20, 30, 10, 20, 50, 60, 20, 30, 50, 20, 30, 40, 30, 30, 30, 50, 40 calculate the max, min, mode, median and mean.(20%)

Draw a boxplot with inner and outer fence

For the data in part (i), if the value 60 was replaced by 2000, what would you call this value in the dataset? What could be the explanation for such a value? How can you through the boxplot decide if this value should be excluded from your analysis

Draw a histogram of the data with four equal sized classes and comment how close to a normal distribution the data look like being

What would be the new values for the three measures of central location with the value of 2000 instead of 60. Comment on the differences

Calculate the coefficient of variation for the population from which the data are drawn.

Analyze new monetary policy actions undertaken by the U.S. government from 2000 - 2010 by describing their intended effects, using macroeconomic principles to explain the actions.

•You should specifically state what the intent of the actions were - for instance, the Fed may have used expansionary policy to help expand the economy in response to a recession. Such policies could have been buying up government bonds - this puts money into the economy since the Fed is buying these bonds from a bank and then the bank can use that money in the economy. This open-market operation increases the money supply.

Then, use our macroeconomic principles and models (like the Supply and Demand of Money model, AD-AS model to show the impact of interest rates on equilibrium GDP, Phillips Curve, etc.) to explain why the action would lead to the outcome desired by the government.

please relate the answer to 2000-2010 and please add a reference, thank you so much!

• FIN Ltd is considering the purchase of a new photocopier to replace the existing one. The following information is available.

• The total cost of the NEW is $16,000. The NEW is to be depreciated using the straight-line method with an effective life of 10 years.

• The OLD was purchased 5 years ago for $7500. When it was purchased, the asset had an expected useful life of 15 years and an estimated market value of zero at the end of its life. The machine currently has a market value of $1000.

• As a result of the NEW , sales in each of the next ten years are expected to increase by $2000, and product costs (excluding depreciation) will represent 50% of sales.

• As a result of the NEW, current assets will increase by $5,000 and current liabilities will increase by $2000. The net working capital will be recovered in the terminal year.

• The terminal value of the NEW at the end of Year 10 will be $3000.
• The company is subject to a 30% tax rate and the cost of capital is 15%.

i) Compute the NPV. Should FIN accept the project and why?

1.- Modern Portfolio Theory: A Portfolio of Risky Securities Is Not Necessarily a Risky Portfolio.

Given the portfolio investments and the price changes below, compute the returns on the whole portfolio. Assume that you have the same amount invested in each stock. The initial amount is $2000 on each company for a total investment of $10,000.

            Initial Price      Shares Bought End of Year Price    Value at End of Year     Returns

Co. A                $40                                          $20     

Co. B                $80                                          $0

Co. C                $20                                          $50

Co. D                $60                                          $90

Co. E                 $50                                          $70

a) How many shares of each company are held in the portfolio given that the amount invested in each company is $2000?

b) What is the value of each security and the total portfolio at the end of the year?

c) What is the total portfolio return for the year?

d) Confirm the answer in part c) by calculating the weighted average portfolio return.                           Portfolio Returns = W_A*R_A + W_B*R_B + ….