identify the graph that best demonstrates the impact of a large wildfire that destroys one of the largest avocado orchards on the market for guacamole. What do you predict will happen to equilibrium price and quantity as a result of this change?

Q: A deposit of $495 earns 3% p.a. interest compounded monthly, how much money will be in the bank…

A: Given information, Principal amount (P): $495 Interest rate (r)= 3% Compounding period (m): 12…

Q: 5. Lerios has a loan business that charges 15% simple interest. Joey borrowed P4000 from Tony; how…

A: Given information, Principal amount (P): P4000 Time period (t): 60 days Interest rate (r): 15% To…

Q: Compute the interest rate if future value (FV) = $11461, present value (FV) = $3959,  and number of…

A: Compound interest is the interest computed on the principal and the interest accumulated over the…

Q: If you give $1000 as a deposit for rent and it accumulates at 4% simple interest, how much money in…

A: $1000 is as deposit or securities for rent and it earns 4% simple interest . As long as tenant pay…

Q: If you deposit $2,042 today in a savings account that pays 8% interest annually, how much would you…

A: Given: Principal (P) = $2042 Interest rate (R) = 8% annually Time (T) = 5 years

Q: How long in years will money double its amount if invested at 10% simple interest?

A: Given interest r= 10%

Q: Interest can be computed more frequently than one time a year Select one: O True O False

A: Interest is the price of money that is borrowed.

Q: On March 25, you borrow some money for 120 days.  What is the maturity date?

A: Remaining Number of Days in March - (31-25) = 6  Number of Days in April - 30 Number of Days in May…

Q: You can afford a $350 per month car payment. You've found a 3 year loan at 6% interest. How big of a…

A: Monthly payment that can be affordable is equal to $350 So A=350 The rate of interest  is 6% per…

Q: - Payday Quik Loan's customers must repay $105.50 one monthtater for each $100 of paycheck advance.…

A: Here, it is given that the present value is $100 and the future value is $105.50 after one month.…

Q: How can we compute the effective interest rate for any duration of time?

A: The effective interest rate refers to the rate of interest that is paid on an investment or loan or…

Q: If you borrow $12,000 at 20% interest rate for 5 years, what is your ordinary simple interest in…

A: Simple Interest refers to the money that is paid only on principal. Principal is the money that is…

Q: You are now about to pay P50,000 to a friend whom you have borrowed some money fifteen months ago.…

A: Given information,  Future value (F): P 50,000 Interest rate (r): 8% annually Time period (t): 15…

Q: 12% per year ( Annual Percentage Rate). It is charging the interest rate that is daily compounding.

A: The annual rate of interest= 12%=0.12 The daily rate of interest= 0.12/365=0.000328% number of…

Q: Time Value of Money Multiple Interest Formula The amounts are $100 for the first year, $200 for…

A: Ist year payment = $100IInd year payment = $200 IIIrd year payment = $500Fourth to Eighth year…

Q: Mia is 27 years old and he saw a bank offering a time deposit plan with 6% interest. Shee does not…

A:

Q: offered a loan, amount borrowed = 2800, 24 monthly payements, monthly payement is $190/month.…

A: Formula: Monthly Interest Rate (r) = PMT / PVPMT (Monthly Payment) = $190PV (Loan Amount) =…

Q: Question 11 of 11 View Policies Current Attempt in Progress Natasha takes out a loan. The interest…

A: At month t she owes $14000 At month t+1, she owes $14000(1+(0.09/12))=14105 After this payment is…

Q: f you loan your friend $1500 today and she gives you $2000 back in four years what is your annual…

A: Present value is the value of investment in today's dollar. Future value is the value of investment…

Q: Suppose you put $1000 into a savings account for 5 years and were paid $10 every quarter. The…

A: Given : Principal amount (P) = $1000 Interest per quarter for 5 years = $10

Q: simon's cost for a new computer with accessories was $3120. he made a down payment of $550 in…

A: Monthly payment = $111.73 Term of loan = 24 months Thus, total payment after down payment =…

Q: What does the statement “interest rate 10%” signify?   a The rate is effective per year.   b The…

A: Effective Interest rate:- Effective interest rate can be explained as the actual return on the…

Q: ers to the professed interest rate.   a Nominal   b Effective   c Ordinal   d Actual

A: Professed  interest rate or stated rate is the rate that banks or lender shows the interest rate…

Q: How can we calculate the effective interest rate, altering the period value?altering the period…

A: The effective interest rate refers to the rate of interest that is paid on an investment or loan or…

Q: Invest $1000 today at the interest rate 10%. Calculate the value of investment after 10 years.

A: Present value of investment = $1000 Interest rate = 10% Time period = 10 years

Q: You purchased a car using some cash and borrowing $19,000 (the present value) for 53 months at 12%…

A: Present value of the car=$19000Time=53 monthInterest rate=12% pa

Q: Michelle borrows 5,000 for 6 years at 8% rate. At the end of 6 years, she decided to renew the loan…

A: Lump sum refers to when the entire payment is made at once instead of in the form of continuous…

Q: How could people be persuaded to start saving for retirement?

A: Retirement planning is the process of putting money aside, investing it, and then distributing it in…

Q: bank lends $3000 to be paid at the year 4 of the amount of $4500; what is the interest rate?

A: An interest rate is the amount of interest due per period, as a proportion of the amount lent,…

Q: Derek borrows $294,333.00 to buy a house. He has a 30-year mortgage with a rate of 5.79%. After…

A: The term mortgage refers to a loan used to purchase or maintain a home, land, or other types of real…

Q: Find the interest on the loan if Tim borrows $10,000 for years at a simple interest of 10%.

A: The investors as well as consumers borrow or take loans funds from banks for investment or for…

Q: In how many years will an amount be doubled if the interest rate is 6%?

A: Interest rate can be defined as the percentage of the loaned amount a borrower is obliged to pay to…

Q: jerry bought a house for $400,000 and made an $80,000 down payment. the rest of the cost was paid…

A: Jerry purchased a house for $400,000 with an $80,000 down payment and financed the remaining cost…

Q: If you save $1,000 today and the annuel interest rate is 6%, what will that money be worth in 40…

A: Given, P = $1000 i = 6% t = 40

Q: Suppose we deposit $1500 into an account that pays a simple interest rate of 0.5% each month. Find…

A: Deposit refers to the amount of money that is kept in the bank for safekeeping. Banks pay interest…

Q: If your grandfather had deposited the money with a monthly interest of 1% instead of 12% per year,…

A: Effective annual rate (EAR) = [1 + (r / m)]m - 1, where r: Stated annual nominal rate and m: Number…

Q: You want to borrow $1500 at 8% and you are willing to pay $210 in simple interest.How long can you…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…