Month: August 2015

How long will it take for 8400 to grow to 14600 at an interest rate of 9.4% if the interest is compounded?   Solution:-   5.88 yr    

Find the future value at 9% interest compounded continuously for five years for the continuous income stream with rate of flow f f(t) = 750.   Solution:-   4736  

Find the consumer’s surplus for the following demand function at the given point. Find the consumer’s  surplus at a price level of for the price-demand equation P = D(x) =…