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Who coined the terms Micro Economics and Macro Economics?
Ranger Frisch coined these two terms in 1933.
The terms micro economics and macro economics were coined by?
Ragner Frisch.
How much would 125 invested at 8 percent interest compounded continuously be worth after 16 years?
Depends on how often the interest is compounded: formula = new worth=principle*(1+interest)**number of compounding terms 125*(1+0.08)**(12*16)=326,791,736.80 (monthly) 125*(1+0.08)**(4*16)=17219.89 (quarterly) 125*(1+0.08)**(2*16)=1467.14 (semi-annually) 125*(1+0.08)**(16)=428.24 (annually)
Meaning of interest period?
The interest period refers to the specific duration over which interest is calculated on a financial product, such as a loan or investment. It can vary depending on the terms of the agreement, typically ranging from daily, monthly, quarterly, to annually. The length of the interest period affects how often interest is compounded or paid, influencing the total amount of interest accrued over time. Understanding the interest period is crucial for borrowers and investors to manage their financial obligations effectively.
What is meant by negotiation in lc article 41a?
Negotiating is the process of getting the best terms once the other side starts to act on their interest.
What is meant by the the prime rate?
Prime rate is the term used by financial institutions for the rate of interest given to their customers with great ratings. It is often the lowest of the interest terms, and is the rate which banks use to lend funds to each other.
Who provides cash advance on inheritance?
Inheritance Funding Company is a firm that provides cash advances on inheritances. There web site is http://www.inheritancefunding.com/. After a short registration period they can provide with your properly earned funds. Settlement loan or inheritance loan companies are also known as payday lenders. They are in the business of instant gratification at any cost. Settlement/inheritance loan companies make money by charging borrowers exorbitant interest, which is compounded, who are too impatient and can't wait to get hands on the funds. While these companies purport to be providing an important service, their only interest is profit. Before you borrow on these terms, do the math. It is quite easy to pay more than 300% interest in six month. Because the interested in compounded and because most American's are not savvy with regard to money, lending, economics, interest, credit, etc., they willingly sign anything. If there are delays in the disbursement of the funds, which is par for the course, a good bit of
What are the answers to economics terms word search puzzle?
To provide the answers to an economics terms word search puzzle, you would typically need the specific terms included in that puzzle. Common economics terms that might appear include "supply," "demand," "inflation," "market," "equilibrium," "currency," and "GDP." If you have a particular list of terms or a specific puzzle in mind, please share that for a more tailored response.
Define globalisation in terms of economics?
Explain the role of an economist
What is land in economics terms?
In economics, land comprises all naturally occurring resources whose supply is inherently fixed
What is meant by histerisis?
what is meant by histerisis in terms of Elctrical Machines?
Who coined micro and macro economics?
Ragnar Frisch, Norwegian Economist, coined the terms 'micro' and 'macro' economics for the first time. He was the first Economics Nobel prize winner in 1969.
