It is now january 1st. you just took out a car loan, with the following april fool’s day promotional feature. you must make monthly payments of $275 each month for three years, with the first payment being due one month from now (feb 1). however, the sales promotion says you do not have to make any payments each april 1st (so there are only 33 payments instead of 36). the monthly interest rate is 0.4%. what is the present value of this loan?

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate

From what part of income should someone take savings?