The economy is currently at the potential level of GDP when the Bank of Canada announces that they will decrease the nominal money supply, which will cause the following sequence of events to occur: The money supply curve will Select ] .As the equilibrium interest rate [ Select ] money demand will [Select ] * (illustrated as

Subject - advanced math   Frank's loan pay off is to be made in two installments: $2500 in a year, and $3500 in 3 ½year. After talking to his loan officer, it was decided that he could pay both installments in 20months. How much would he pay if his loan is processed at 7 ¼ simple interest. Draw a timelineto illustrate your solution.

Calculate Savings when income is $2000 and APS is 0.62

How does amortization help in making loans affordable?