Riverside bank offers to lend you $50,000 at a nominal rate of 6.5%, compounded monthly. the loan (principal plus interest) must be repaid at the end of the year. midwest bank also offers to lend you the $50,000, but it will charge an annual rate of 7.0%, with no interest due until the end of the year. how much higher or lower is the effective annual rate charged by midwest versus the rate charged by riverside? 0.52% 0.44% 0.36% 0.30% 0.24%

Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs