Define Economic

May 20th, 2015
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The key factors that affect the ability of a firm to earn an acceptable rate of return on its owners’ investment are known as the economics of a business. The most important of these factors are competition, technology, and customers. These factors continuously put pressure on the market share and profit margin of a company which leads to a changing economics.

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1) Calculating Annuity Present Values. You want to borrow $12,000.00 from your local bank to finance the purchase of a new car. You can afford to make monthly payments of $325, but no more. Assuming monthly compounding, what is the highest 48-month APR loan you can afford to take out?2) EAR vers

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