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You are considering to save some money. Out of your yearly income you will deposit a fixed amount (you can use any percent 4%, 5%, 6% or 8% of your salary) per semester at a nominal rate of 8% per year compounded each 6 months during 5 years. After the fifth year, the interest rate will change to 6% per year compounded each 6 months. You will withdraw the money 10 years after the first deposit. How much will be withdrawn?For example, if my income is $50,000 per year and I choose a 5%, I will be depositing $2,500 per semester during the first 5 years at 8% and from year 6 until year 10 at a nominal rate of 6% per year. Notice that the interest rate is a nominal rate compounded per semester (twice a year).
Maria is flying a kite. If the kite string is 90 feet long and the string makes an angle of 65 degree with the ground, how high, to the nearest tenth of a foot, is the kite?
Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. He expects these costs to
List and describe the fundamental characteristics of a perfectly competitive market. B) Should a competitive firm ever produce when it is earning negative economics profit Exp
Place quotation marks around a phrase when you want an exact term. Many search engines have "wild cards" (usually an asterisk) to find plurals and other forms of a word.
The trained employees later bargain for a higher wage from the management as their probability of finding better paying jobs increase because some other companies are also a
Find the equilibrium price and quanitity. If the curent pice of te product is $100, what is the quantity supplied and the quantity demanded? How would you describe this situ
You have been hired as a plant manager for a firm that produces widgets (Q) in Angola, Indiana. Widget production requires machine time (K) and labor time (L).
Calculate the Life Cycle Cost of failing your year. Assume 0% inflation and a working engineering career estimate of 30 years. Assume that you will make $125,000 during your 3
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