+1-415-670-9189
info@expertsmind.com
How much do you have to deposit each year make
Course:- Business Economics
Reference No.:- EM13149088





Assignment Help >> Business Economics

To provide an education for someone. They open an account in which equal payments are made from the first payment Jan 1995 to Jan 2012. The cost of the tuiton is 8,000 dollars per year. Assume the interest rate is 5.75 %. how much do you have to deposit each year make sure that 8,000 can be withdrawn for the 4 years?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
Using appropriate diagrams and notations,carefully explain the relationship b/n elasticity, total revenue and marginal revenue. 2,discuss the uses of elasticity of demand.
Suppose the welfare benefit formula is Benefit=$4,800-0.67(wages>$6,000) what is the marginal tax rate on The first 6,000 of wages? Wages above 6,000 How large is the benefit
Sales are 3,100 at a price of $200 and 2,400 at a price of $300. Calculate the price of elasticities of demand using $200 as the base value; then use $300 as the base value. C
Should we remove all barriers to immigration into the United States? What would be the outcome? If we could let in an extra hundred thousand immigrants every year, should we
At prompting of United States, Japan relaxed restrictions and allowed companies to invest anywhere in world. What effect do you think this had on yen/dollar exchange rate an
Use the following equations for labor supply and labor demand, to answer the following questions. L stands for labor and w stands for wage per hour. If the country has a minim
Given these profits, Firm 2 want to match Firm 1's price, but Firm 1 does not want to match Firm 2's price. Does wither firm have a dominant strategy? Does this game have a un
The yield curve is the graph that show relationship between interest rates on bonds and default risk on bonds with different rating. If the short-term interest rates are expec