Mark takes out a 30-year loan on January 1, 1992 for 20,000 at an annual effective interest rate of 5%. Payments are made at the end of each year. On January 1, 2002, Mark takes out a 20-year loan for 10,000 at an annual effective interest rate of 7%. Payments are also made at the end of each year. Calculate the total amount of principal repaid during the year 2002 on both loans.

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

answer; /// place the thermal compound between the heat sink and the microprocessor;

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