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Homework answers / question archive / 1)estion 2 an investment account gives to interest annually, how much equal annual deposits you have to make for 10 years starting year 1 to have a $250

1)estion 2 an investment account gives to interest annually, how much equal annual deposits you have to make for 10 years starting year 1 to have a $250

Economics

1)estion 2 an investment account gives to interest annually, how much equal annual deposits you have to make for 10 years starting year 1 to have a $250.649 at your account at the end of this investment.

2)A company purchased a quality control system for $39,806 which requires $9,568 per year maintenance fees for the first 5 years, after which the maintenance fees will increase by 12% per year for the upcoming 7 years. Determine the equivalent total present worth value of preached system during the 12 years operation at i = 15% per year.

3)Historically, real GDP has increased less rapidly than nominal GDP because

Multiple Choice

  • the general price level has increased.

  • the general price level has decreased.

  • price indices have not reflected improvements in product quality.

  • technological progress has resulted in more efficient production

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