Boris has $100 to spend on bananas and/or babacos. Suppose you have drawn his budget line for bananas and babacos with bananas on the horizontal axis and babacos on the vertical axis. Assume that the price of bananas increases by 10% and the price of babacos decreases by 10%, while Boris' income increases by 15%. Which of the following graphs describes the above situation? Note that graphs are not drawn to scale. graph (a) Quabacos graph (b) Qhahacos Qbananas Qbananas Qeabacos Qbabacos graph (c) graph (d) Qbananas Qbananas Qoabacos Quatacos graph (e) graph (f) Quananas bananas

What will a $90,000 house cost 10 years from now if the price appreciation for homes over that period .averages 3% compounded annually?

If $4,000 is borrowed today and $8,955 is paid back in 10 years, what interest rate compounded annually has been earned? % Round entry to one decimal place. Tolerance is ±0.2.

John is a very cost-conscious investor. His rule of thumb is that it costs $200 per year, starting in the first year of vehicle life to maintain an automobile. This expense increases by $200 each year over the life of the car. John is now considering the purchase of a four-year old car with 40,000 miles on it for $7,000. How much money will John have to set aside now to pay for maintenance (as a lump sum) if he keeps this car for eight years? John's interest rate is 4% per year. Click the icon to view the interest and annuity table for discrete compounding when i= 4% per year. John will have to set aside $ to pay for maintenance. (Round to the nearest dollar.)