Manhattan was allegedly purchased from Native Americans in 1626 for $24. If the sellers had invested this
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
To conclude we can say that There is the ...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
Question Posted:
Students also viewed these Economics questions
-
a. It is said (S. Branch Walker) that the Indian who sold Manhattan for $24 was a sharp salesman. If he had put his $24 away at 6 percent compounded semiannually, it would now be worth over $9...
-
a. It is said (S. Branch Walker) that the Indian who sold Manhattan for $24 was a sharp salesman. If he had put his $24 away at 6% compounded semiannually, it would now be worth over $9 billion, and...
-
Determine the unknown quantity for each of the following independent situations using the appropriate interest tables: 1. Jeff and Nancy want to start a trust fund for their newborn son, Mark. They...
-
Creativity and Innovation Management (Feb. 2008) published an article on identifying the social network characteristics of lead users of children's computer games. Data were collected for n = 326...
-
Explain how audit sampling can be used to test the payroll and personnel cycle.
-
Suppose that Kicker had the following sales and cost experience (in thousands of dollars) for May of the current year and for May of the prior year: In May of the prior year, Kicker started an...
-
As discussed in Example 6.7, toluene \(\left(\mathrm{C}_{7} \mathrm{H}_{8} ight)\) is to be converted thermally to benzene \(\left(\mathrm{C}_{6} \mathrm{H}_{6} ight)\) in a hydrodealkylation...
-
National Insurance Associates carries an investment portfolio of stocks, bonds, and other investment alternatives. Currently $200,000 of funds are available and must be considered for new investment...
-
List and Explain two different legislation relevant to detailed designs of motorways and interchanges ?
-
McDonald Company shows the following condensed income statement information for the current year: Required Calculate the degree of financialleverage. 3,500,000 (1.700,000) Revenue from sales Cost of...
-
Discuss some of the important criticisms of the forecasting ability of the leading economic indicators.
-
The compound growth rate is frequently used to forecast various quantities (sales, profits, and so on). Do you believe this is a good method? Should any cautions be exercised in making such...
-
Suppose a company wants to borrow \(\$ 100\) million for five years at a fixed-rate. Suppose the company can issue both a five-year, \(6 \%\), fixed-rate bond paying coupons on a semiannual basis and...
-
What is an adverse feedback loop? How does this work to worsen the financial system and the economy?
-
How does a universal bank common in some other parts of the world compare with a commercial bank in the United States? How does the U.S. holding company structure compare with a universal bank?
-
What is meant by systemic risk? How is this related to economic externalities? How is systemic risk being addressed by the regulatory authorities?
-
China is experiencing inflationary pressures. How is this related to its exchange rate policy? Is its currencythe yuanundervalued or overvalued? Why has China raised its reserve requirements on...
-
What must a country with a fixed exchange rate do to hit its target for the exchange rate if its currency is undervalued? Overvalued? Is the country also able to pursue other goals with monetary...
-
For the following exercises, solve for the unknown sides of the given triangle. b 5 a 30
-
Identify the tax issues or problems suggested by the following situations. State each issue as a question. Jennifer did not file a tax return for 2007 because she honestly believed that no tax was...
-
You are the manager in a market composed of five firms, each of which has a 20 percent market share. In addition, each firm has a strong financial position and is located within a 100-mile radius of...
-
Use the accompanying graph to answer the questions that follow. a. Suppose this monopolist is unregulated.(1) What price will the firm charge to maximize its profits?(2) What is the level of consumer...
-
You are an industry analyst that specializes in an industry where the market inverse demand is P = 100 5Q. The external marginal cost of producing the product is MC External = 10Q, and the internal...
-
The Power of Trade and Comparative Advantage: Work It Out 3 ? Here's another specialization and exchange problem. This problem is wholly made-up, ? so that you won't be able to use your intuition...
-
Government spending as a fiscal policy tool is used to: A) ?Decrease the national debt B) ?Directly stimulate economic activity by increasing demand C) ?Reduce inflation D) ?Lower interest rates
-
Automobile demand has fallen during a recent recession, and Ana has been laid off from her job on the assembly line. Rajiv recently lost his job as a waiter at a local restaurant. A recent increase...
Study smarter with the SolutionInn App