A borrower takes out a 15-year loan for 65,000, with level end-of-month payments. The annual nominal interest rate of the loan is 8%, convertible monthly. Immediately after the 12th payment is made, the remaining loan balance is reamortized. The maturity date of the loan remains unchanged, but the annual nominal interest rate of the loan is changed to 6%, convertible monthly. Calculate the new end-of-month payment.

Which of the following pairs is most similar to each other? a. barter goods and fiat money b. digital money and barter goods c. fiat money and digital money d. commodity money and digital money

For many years, kellogg's frosted flakes, a ready-to-eat breakfast cereal, was perceived as a cereal for children. tony the tiger, a cartoon character, extolled frosted flakes, and advertisements depicted children enjoying the product with tony in competitive situations. recently, in response to declining sales of frosted flakes, the cereal maker has adopted a new series of advertisements that show adults admitting that they enjoy frosted flakes, too. kellogg's is attempting to

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach