Bryna has $300 to open a checking account. She wants an account with the least amount of fees. She does not plan on using an ATM and her employer offers direct deposit.

Determine the amount needed such that when it comes time for retirement, an individual can make monthly withdraws in the amount of $2,154 for 30 years from an account paying 5.1% compounded monthly. Round your answer to the nearest cent.

Adhira buys chocolates and almonds. She has 3 bars of chocolates and 4 bags of almonds. The marginal utility of the third chocolate bar is 18 units of utility and the marginal utility from the fourth bag of almonds is also 18.

Which of the following statements is true of a bossless work environment? a. Employee engagement is nonessential for a bossless workplace. b. Bossless organizations have no need for employee training. c.

Suppose the yield on short-term government securities (perceived to be risk-free) is about 4%. Suppose also that the expected return required by the market for a portfolio with a beta of 1 is 10.0%. According to the capital asset pricing model: a.

Your aunt is thinking about opening a hardware store. She estimates that it would cost $400,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant.

Harry Smith owns a metal - producing firm that is an unregulated monopoly. After considerable experimentation and research, he finds that the firm's marginal cost curve can be approximated by a straight line, MC =

Your bank is offering you an account that will pay 20 % interest in total for a two-year deposit. Determine the equivalent discount rate for the following: a. Six months b. One year c. One month

A sales associate has a house listed at $200,000. It's overpriced and he feels it has only a 70% chance of selling in the original listing term. He also has a $300,000 house that has an 80% chance of sale.

Banks are financial intermediaries because they: a) hold all the money in the economic system in currency form. b) print money as needed for borrowers whether business, individual, or government entities.

Johnson Company manufactures a variety of shoes, and has received a special one-time-only order directly from a wholesaler. Johnson has sufficient idle capacity to accept the special order to manufacture 15,000 pairs of sneakers at a price of $7.