How much each annual payment should be

Assignment Help Macroeconomics
Reference no: EM13179563

A person desres to accumulate $18500 over a period of five years from now so that a cash payment can be made foe a new car. to have this amount when t is neede, annual payments at the end of each year will be made to a savings account that earns 8% annual interest. How much each annual payment should be?

Reference no: EM13179563

Questions Cloud

Explain recrystallized some impure benzoic acid and isolated : He was surprised that most of the white solid melted sharply between 121 and 122 C but that a small amount remained unmelted even at temperatures above 200 C. Explain this behavior.
Compute the amount of each of the 12 payments : A person arranges to repay a a$1000 bank loan in 10 equal payments at a 10% annual interest rate. Immediately after his third payment he borrows $500, also at 10% annual interest rate. When he borrows the $500, he talks the banker into letting him..
Explain net ionic equation for any reaction : which of the solutions included in this experiment could be used to distinguish between the pairs of solutions. In each case, describe the observations you would make and write a net ionic equation for any reaction that would occur.
Different alkenes derived from the dehydration : Draw (in increasing energy ordering) 3 different alkenes derived from the dehydration of 1,2-dimethylcyclohexanol
How much each annual payment should be : A person desres to accumulate $18500 over a period of five years from now so that a cash payment can be made foe a new car. to have this amount when t is neede, annual payments at the end of each year will be made to a savings account that earns 8..
Explain two extreme demand and supply conditions : Some news reports have suggested that the proposed tax would increase cigarettes prices by $1.00 per pack and be paid by smokers (cigarette buyers). Using (separate) competitive supply and demand diagrams of the cigarettes market carefully show an..
Discuss the sign and magnitude of the estimated coefficient : The following model is a simplified version of the multiple regression model used by Biddle and Hamermesh (1990) to study the tradeoff between time spent sleeping and working and to look at other factors affecting sleep: sleep =b0 + b1totwrk + b2e..
State a gauche conformation of hexane viewing down : Here are four of my question, my professors wants us to represent this newman projection and sawhorse projection. (1) a gauche conformation of hexane viewing down the C2-C3 bond
Calculate the annual net benefits of raising price of wastes : Imagine that the current price of waste disposal is $0.025/lb and the average waste disposal is 2.40 lb/p/d. When the price was previously $0.01/lb, the average waste disposal was 2.52 lb/p/d. Assume that the marginal social cost of waste disposal..

Reviews

Write a Review

 

Macroeconomics Questions & Answers

  Finding marginal propensity to consume

What is the marginal propensity to consume. What is the slope of the consumption function (you should give a numerical answer, not a formula)?

  Solution for maximization problem by using excel solver

Bright Future, Ltd (BF) is a non-profit foundation providing medical treatment to emotionally distressed children. Determine the optimal amount of service provided by BF.

  Illustrate what happens to the supply curve

Illustrate what happens to the supply curve and the equilibrium point when a new technology improves a production process.

  Create and interpret a lorenz particular level of total

Suppose that Al, Beth, Carol, David, and Ed receive incomes of $500, $250, $125, $75, and $50, respectively. Create and interpret a Lorenz particular level of total income.

  Determining profit maximization level of monopolist

Draw a graph showing hte above situation. Include in that graph, the monopolist's cost curves, demand and marginal revenue curves and the price and quantities that are indicated by the situation described above.

  Find the equilibrium price and quantity

The demand & supply curves for T  shirts in Touristtown, United State, are given by the following equations:

  Illustrate what can you infer from this data

Illustrate what can you infer from this data about the rate of labor productivity growth in the US economy during this period.

  How automakers have increased their output ever faster

At the same time, Chinese consumers' incomes have risen. Assume that cars are a norma good. Use a diagram of the supply and demand curves for cars in china to explain what has happened in the Chinese car market.

  Elucidate how these economic concepts can be used

Elucidate how these economic concepts can be used to address IBM's problems and opportunities. Identify which economic and political policies affect your IBM and explain how they impact business decisions.

  Petersburg paradox-positive expected value of game

Assume that the payouts of the game were changed (if necessary) such that it results in gamblers having a positive expected value.

  Determine where the us government allocates its expenditures

Using the historical tables from the Budget of the US government, utilize the website to determine where the US government allocates its expenditures.

  Compute the industry equilibrium wage

Competitive Market Equilibrium. Assume demand and supply situations in the competitive market for unskilled labor are as follows;

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd