Michelle quit her job where she was earning an annual salary of \( \$ 50,000 \) to open her own business. Annually, she will pay \( \$ 24,000 \) for rent, \( \$ 60,000 \) for wages, \( \$ 16,000 \) for raw materials and she expects to receive annual revenue of \( \$ 150,000 \). Her economic profit is

Find the future value of an annuity due of \( \$ 6,000 \) paid at the beginning of each 6 -month period for 7 years if the interest rate is \( 4 \% \), compounded semiannually. (Round your answer to the nearest cent.) \( \$ \) Need Help? Readit

If \( \$ 9000 \) is deposited at the end of each half year in an account that earns \( 6.7 \% \) compounded semiannually, after how many half years will the account contain \( \$ 160,000 \) ? (Round your answer UP to the nearest half year.)

1 Peso (Mexico) \( =0.06 \) USD (United States Dollar) 1 Dinar (Kuwait) \( =3.25 \) USD (United States Dollar) According to the data above, a US consumer would maximize their purchasing power in which country? (2 points) The United States Mexchasing power would remain constant Kuwait

The Weidmans want to save \( \$ 50,000 \) in 2 years for a down payment on a house. If they make monthly deposits in an account paying \( 12 \% \), compounded monthly, what is the size of the payments that are required to meet their goal? (Round your answer to the nearest cent.) \( \$ \)

Which of the following would cause appreciation of the US dollar? (1 point) an increase in US foreign investment in other nations an increase in imports in to the US an increase in tourism to the U.try an increase in US production of domestic agriculture