If you invest $15,000 today at an interest rate of 11% (AER, EAR), how much will you have 20 years from now, assuming no additional deposits or withdrawals in the interim? 2.) If you invest today at an interest rate of 8% per year (AER), how many years does it take to double your money? 3.) What is the Present Value of the following cash flows at an interest rate of 7% AER? (a) $900 received one year from now. (b) $900 received 10 years from now. (c) $900 received each year beginning one year from now and ending in 10 years. (d) $900 received each year beginning one year from now and continuing forever.

Money aggregates identify whether each of the following examples belongs in m1 or m2. if an example belongs in both, be sure to check both boxes. example m1 m2 gilberto has a roll of quarters that he just withdrew from the bank to do laundry. lorenzo has $25,000 in a money market account. neha has $8,000 in a two-year certificate of deposit (cd).

Because the demand for wheat tends to be inelastic. true or false

The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?