You will use bisection search to determine the lowest rate of return, r, that is needed to achieve a down payment on a $750K house in 36 months. Since hitting this exact amount is a bit of a challenge, we only require that your savings be within $100 of the required down payment. For example, if the down payment is $1000, the total amount saved should be between $900 and $1100 (exclusive). Your bisection search should update the value of r until it represents the lowest rate of return that allows you to save enough for the down payment in 3 years. r should be a float (e. g. 0.0704 for 7.04%). Assume that r lies somewhere between 0% and 100% (inclusive).

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively