Question

2) Find the future value *FV* (at the end of the given
interval) using the given interest rate. (Round your answers to the
nearest cent.)

* R*(

3) Calculate the producers' surplus for the supply equation at
the indicated unit price *p*. (Round your answer to the
nearest cent.)

* p* = 10 +
2

Answer #1

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Find the total value TV of the given income stream and
also find its future value FV (at the end of the given
interval) using the given interest rate. HINT [See Examples 4, 5.]
(Round your answers to the nearest cent.)
R(t) = 30,000, 0 ≤
t ≤ 20, at 4%
TV
=
$
FV
=
$

1.) Calculate the consumers' surplus at the indicated unit price
p for the demand equation. HINT [See Example 1.] (Round your answer
to the nearest cent.)
p = 12 − 2q1/3; p = 8
2.) calculate the consumers' surplus at the indicated unit price
p for the demand equation. HINT [See Example 1.] (Round
your answer to the nearest cent.)
p =
700e−2q; p
= 80

Compute the future value of a $100 annual annuity for the same
combination of rates and time periods as in problem 1.
(Round your answers to the nearest cent. Round FVA factors
to 4 decimal places.)
a.
r = 8%, t = 10 years
FV of annuity
$
b.
r = 8%, t = 20 years
FV of annuity
$
c.
r = 4%, t = 10 years
FV of annuity
$
d.
r = 4%, t = 20 years...

Find the total value of the given income stream over the
interval 0 ≤ t ≤10 years:
R(t) = 80,000 + 2,000t
Continuing with the previous problem what is the future value of
the income stream at the end of the interval if annual interest is
8%?

a. Find the future value of the ordinary annuity. (Round your
answer to the nearest cent.) $120 monthly payment, 5.5% interest, 1
year
b. Find the future value (FV) of the annuity due. (Round your
answer to the nearest cent.) $170 monthly payment, 6% interest, 14
years

find the future values of the following ordinary annuities:
a) FV of $600 paid each 6 months for 5 years at a nominal rate
of 6% compounded semiannually. Do not round intermediate
calculations. Round your answer to the nearest cent.
b) FV of $300 paid each 3 months for 5 years at a nominal rate
of 6% compounded quarterly. do not round intermediate calculations.
round your answer to the nearest cent.
c) these annuities recieve the same amount of cash...

Given a linear supply equation of the form q= -mp+b ( m>0),
find a formula for the producers’ surplus at a price level of P-bar
per unit.

Find the future values of the following ordinary annuities: FV
of $600 paid each 6 months for 5 years at a nominal rate of 13%
compounded semiannually. Round your answer to the nearest cent. $
FV of $300 paid each 3 months for 5 years at a nominal rate of 13%
compounded quarterly. Round your answer to the nearest cent. $
These annuities receive the same amount of cash during the 5-year
period and earn interest at the same nominal...

Calculate the consumers' surplus at the indicated unit price p
for the demand equation.(Round your answer to the nearest
cent.)
q = 50 − 3p; p = 9

Find the future values of the following ordinary annuities:
FV of $200 paid each 6 months for 5 years at a nominal rate of
5% compounded semiannually. Do not round intermediate calculations.
Round your answer to the nearest cent.
$
FV of $100 paid each 3 months for 5 years at a nominal rate of
5% compounded quarterly. Do not round intermediate calculations.
Round your answer to the nearest cent.
$
These annuities receive the same amount of cash during...

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