{"id":22074,"date":"2016-07-28T07:36:48","date_gmt":"2016-07-28T07:36:48","guid":{"rendered":"http:\/\/essayparlour.com\/paperhelp\/uncategorized\/if-you-cant-see-the-graph-for-5-just-skip-for-whatever-r\/"},"modified":"2016-07-28T07:36:48","modified_gmt":"2016-07-28T07:36:48","slug":"if-you-cant-see-the-graph-for-5-just-skip-for-whatever-r","status":"publish","type":"post","link":"https:\/\/essayparlour.com\/paperhelp\/economics\/if-you-cant-see-the-graph-for-5-just-skip-for-whatever-r\/","title":{"rendered":"If you can&#8217;t see the graph for #5, just skip. For whatever r"},"content":{"rendered":"<p>If you can&#8217;t see the graph for #5, just skip. For whatever reason I&#8217;m having a bit of an issue with&#8230; Show more If you can&#8217;t see the graph for #5, just skip. For whatever reason I&#8217;m having a bit of an issue with those! \ud83d\ude41 QUESTION 1 Your credit card charges a 21% nominal annual interest rate on unpaid balances. If interest is compounded continuously, the effective annual interest rate = a. 1.75% b. 21.0% c. 23.1% d. 23.4% QUESTION 2 You plan to spend $300 for gasoline in February, $350 in March, and $400 in April. If this is January, the present worth of your planned gasoline purchases can be found by which formula if the interest rate = \u00bd% per month? a. P = 50(P\/G,\u00bd%,3) b. P = 300(P\/G,\u00bd%,3)(50(A\/G,\u00bd%,3) c. P = 300(P\/A,\u00bd%,3) + 50(P\/G,\u00bd%,3) d. P = 300(P\/G,\u00bd%,3) QUESTION 3 You plan to spend $300 for gasoline in February, $350 in March, and $400 in April. If this is January, the present worth of your planned gasoline purchases can also be found by which formula if the interest rate = \u00bd% per month? a. P = 1050(1.005) 3 b. P = 300 + 350(1.005) + 400(1.005) 2 c. P = 300(1.005) + 350(1.005) 2 + 400(1.005) 3 d. P = 300(1.005) -1 + 350(1.005) -2 + 400(1.005) -3 QUESTION 4 Your credit card charges a 21% nominal annual interest rate on unpaid balances. If interest is compounded daily, the effective annual interest rate = a. 1.75% b. 21.0% c. 23.1% d. 23.4% 1 points QUESTION 5 Based on this cash flow diagram, what is a correct specification? (added to bottom maybe?) a. X = 20(P\/A,6%,4)(P\/F,6%,4) + 20(P\/G,5%,4) b. X = 20(P\/A,4%,6) + 20(P\/G,4%,4) c. X = 20(P\/A,6%,4) + 20(P\/G,6%,4) d. X = 20(P\/G,6%,4) QUESTION 6 You plan to spend $300 for gasoline in February, $350 in March, and $400 in April. If this is January and monthly interest is 1\/2%, the present worth of your planned gasoline purchases = a. $742 b. $758 c. $1039 d. $1050 QUESTION 7 You save $3000 in Year 1, $2500 in Year 2, and $2000 in Year 3. If i = 10%, which specification is NOT correct for calculating the future worth of this saving at the end of Year 3? a. F = 3000(F\/A,10%,3) \u2013 500(P\/G,10%,3)(F\/P,10%,3) b. F = 3000(F\/A,10%,3) \u2013 500(P\/G,10%,3) c. F = 3000(F\/A,10%,3) \u2013 500(A\/G,10%,3)(F\/A,10%,3) d. F = 3000(F\/P,10%,2) + 2500(F\/P,10%,1) + 2000 QUESTION 8 You borrow $8000 at an nominal interest rate of 6%. If you repay this loan quarterly, making 4 payments per year, the effective annual rate = a. 1.5% b. 6.0% c. 6.14% d. 6.86% QUESTION 9 Which of the following is correct? a. Geometric gradients change by a constant percentage over time b. Geometric gradients change by a constant amount over time c. Geometric gradients change by a factor of (i-g) over time d. Geometric gradients are the inverse of arithmetic gradients QUESTION 10 Your credit card charges a 21% nominal annual interest rate on unpaid balances. If interest is compounded monthly, the effective annual interest rate = a. 1.75% b. 21.0% c. 23.1% d. 23.4% QUESTION 11 You plan to spend $300 for gasoline in February, $350 in March, and $400 in April. a. G = 50 b. G = 300 c. G = 400 d. G = 1050 QUESTION 12 You expect to save $3000 in Year 1, $2500 in Year 2, and $2000 in Year 3. If i = 10%, the future worth of your savings at the end of Year 3 = a. $7500 b. $7940 c. $8084 d. $8380 Maybe the graph to #5 below? \u2022 Show less<\/p>\n<p><a href='http:\/\/essayparlour.com\/order'><img id='order_now' class='aligncenter' src='http:\/\/essayparlour.com\/wp-content\/uploads\/2016\/07\/8952039_orig.png' alt='Order Now' name='order_now'><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you can&#8217;t see the graph for #5, just skip. For whatever reason I&#8217;m having a bit of an issue with&#8230; Show more If you can&#8217;t see the graph for #5, just skip. For whatever reason I&#8217;m having a bit of an issue with those! <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-22074","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/22074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/comments?post=22074"}],"version-history":[{"count":0,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/posts\/22074\/revisions"}],"wp:attachment":[{"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/media?parent=22074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/categories?post=22074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essayparlour.com\/paperhelp\/wp-json\/wp\/v2\/tags?post=22074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}