Find the interest rates earned on each of the following. Round your answers to the nearest whole number.

1. You borrow $700 and promise to pay back $798 at the end of 8 year.

-------%

2. You lend $700 and the borrower promises to pay you $798 at the end of 8 year.

-------%

3. You borrow $71,000 and promise to pay back $182,127 at the end of 6 years.

-------%

4. You borrow $15,000 and promise to make payments of $4,058.60 at the end of each year for 5 years.

--------%

Can you explain, the steps...how to solve the formula ?

1. In a monopoly:

a. Abnormal profits can only be earned in the short run

b. A firm produces where total revenue equals total costs

c. There are many firms competing

d. There are barriers to entry

2. In monopolistic competition...

a. firms may not increase price without losing all sales

b. firms can easily exit the market in the short-run before economic losses occur

c. firms work together to maximize profits

d. firms may realize positive economic profits in the short-run

3. In monopolistic competition...

a. a few firms dominate the market

b. firms face a horizontal demand curve

c. there is entry and exit in the long run

d. only normal profits can be earned in the short run

3. In a cartel...

a. firms compete against each other

b. firms act together as if they were a monopolist

c. each firm inevitably profit maximizes

d. only normal profits can be made

4. In oligopoly...

a. a few firms dominate the market

b. one firm dominates the market

c. firms always collude

d. the products of firms are identical

Revenue represents amounts earned by an organization: that is, actual or expected cash inflows due to the organization’s major business. In the case of health care, revenue is mostly earned by rendering services to patients. Revenue flows into the organization is sometimes referred to as the revenue stream.

Step 1

·        Review the following key terms:

o   Discounted Fee-for-Service

o   Fee-for-Service

o   Managed Care

o   Medicaid Program

o   Medicare Program

o   Payer Mix

o   Revenue

Step 2

·        Review Chapter 4

·        Review PowerPoint

·        Complete Assignment Exercise 4–2: Revenue Sources and Grouping Revenue   (Found in the back of your textbook pp 463.)

John Smith previously earned £ 10,000 a year in employment and had £ 100,000 invested in government securities, yielding 10% per annum. He sold his securities for £ 100,000 and started his own business. Initially, he rented a factory for £ 5000 per annum, but subsequently purchased it for £ 20,000, leaving £ 80,000 as the financial capital within the firm. John Smith’s accountants estimate that total revenue of the firm in the past year was £ 100,000 and total costs were £ 80,000, including a salary of £ 5000 paid to John Smith.

Estimate the profit of this firm from the viewpoint of (i) The accountant (ii) The economist, explaining clearly the reason for any difference. [15 marks]

John Smith previously earned £ 10,000 a year in employment and had £ 100,000 invested in government securities, yielding 10% per annum. He sold his securities for £ 100,000 and started his own business. Initially, he rented a factory for £ 5000 per annum, but subsequently purchased it for £ 20,000, leaving £ 80,000 as the financial capital within the firm. John Smith’s accountants estimate that total revenue of the firm in the past year was £ 100,000 and total costs were £ 80,000, including a salary of £ 5000 paid to John Smith.

Estimate the profit of this firm from the viewpoint of (i) The accountant (ii) The economist, explaining clearly the reason for any difference. [15 marks]

1.) Find the interest rates earned on each of the following. Round your answers to the nearest whole number.

1. You borrow $99,000 and promise to pay back $307,479 at the end of 10 years.

     %

2. You borrow $9,000 and promise to make payments of $2,684.80 at the end of each year for 5 years.

     %

2.) Your client is 33 years old. She wants to begin saving for retirement, with the first payment to come one year from now. She can save $8,000 per year, and you advise her to invest it in the stock market, which you expect to provide an average return of 12% in the future.

1. If she follows your advice, how much money will she have at 65? Do not round intermediate calculations. Round your answer to the nearest cent.

   $  

2. How much will she have at 70? Do not round intermediate calculations. Round your answer to the nearest cent.

   $  

3. She expects to live for 20 years if she retires at 65 and for 15 years if she retires at 70. If her investments continue to earn the same rate, how much will she be able to withdraw at the end of each year after retirement at each retirement age? Do not round intermediate calculations. Round your answers to the nearest cent.

   Annual withdrawals if she retires at 65: $

   Annual withdrawals if she retires at 70: $

1.   Compare the interest earned on $15,000 for 25 years at 7% simple interest with the amount of interest earned if interest were compounded annually.
2.   Bank A pays 6% simple interest on its savings account balances. Bank B pays 5.5% interest compounded annually. If you made a $10,000 deposit in each bank, which bank provides you more money at the end of 15 years?
3.   You are considering investing $1,000 at an interest rate of 6.5% compounded annually for five years or investing the $1,000 at 6.8 per year simple interest for five years. Which option is better?

In a particular year, registered nurses earned an average annual salary of $52,330. A survey was conducted with 45 nurses from a particular state to determine if the annual salary is higher than $52,330 for that state's nurses. The sample average was $62,979 with a sample standard deviation of $7,489. Conduct a hypothesis test at the 5% level.
Note: If you are using a Student's t-distribution for the problem, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.)

What is the test statistic? t= ?

Sketch a picture of this situation. Label and scale the horizontal axis and shade the region(s) corresponding to the p-value.

Quincy put $100 in the bank and earned 25 cent in interest. What is the $100 considered?

Group of answer choices

Reinvesting

Current Ratio

Principal

Present Value

The process by which Maggie manages her liquid assets is known as?

Group of answer choices

Quarterly Management

Annual Management

Management

Cash Management

Tom deposits his payroll check into a financial institutions that provide traditional checking and savings accounts. This type of institution is known as?

Group of answer choices

Credit Union

Non - Deposit - Type Financial Institutions.

Savings and Loans

Deposit - Type Financial Institutions.