Ivan, an industrial engineering student, is working on a homework problem for Engineering Economy. He needs to calculate the PW at 12 percent of a cash fl ow series with $1,000 at t 5 3, $1,500 at t 5 4, and $2,000 at t 5 5. If Ivan uses the equation P 5 1,000(PZA 12%,3) 1 500(PZG 12%,3), where is the P now located?

The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will

Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?

What is the difference between the contractual interest rate and the market interest rate?