PPT-Econ 134A-100 (9:30 am) Winter 2013, Test 1

Solution sketches Eber Extravagant Eber Extravagant has just purchased 50000 in furnishings for his living room To do so he charged all 50000 spent on his American Slowpoke credit card which charges 21 stated annual interest compounded monthly After getting home he finds he has just been approved for a new Uncover credit card which charges 18 stated annual interest compounded monthly The Uncover card charges a 4 fee for any balances that are transferred If . !!(4,(54$,1!(3$4$6245 \n 1&,//$4: !!(4,(5,0(15,21$1'#(,*+65$&(62$&(#(,*+6"\n\t\f\t\t,100,100,100,100,100,100,100/%.*/%.*/%.*\b\t\b\f\f\b\f\b\r\b\fBBBB\b\r\t\n\f Fall 2012. Solution sketches. Solve each of the following. (a) (5 points) . Yongli. will receive $750 later today. He will receive $825, or 10% more, one year from today. For each of the three years after that, he will receive $75 more than the year before. After these five payments have been made, he will receive nothing more. Find the present value of these five payments if the effective annual discount rate is 4%.. By Solomon Thomas, Curtis heard and . L. uke Harmsworth. . Winter 2013 into 2014 is forecast to be . severe with above average . snowfall and . freezing . temperatures.. Long range . weather . forecasts have predicted . JANUARY . This month was really lovely! Quite mild temperatures, quite good weather. We are telling the truth, see for yourselves! Look at the chart which follows!. Our temperature chart. Winter plants which grow in Greece. Watchwords Winter 2013/2014 WATCHwords Winter 2013/2014 – ContentINTROMeet the PRIX JEUNESSE INTERNATIONAL 2014 NominatorsStrong Stories for Strong Children 10The Macedonian storyCOMKIDS 2013
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