How much money will be in a savings account

Assignment Help Microeconomics
Reference no: EM13740183

Q1: How much money will be in a savings account at the end of 10years from deposits of 1000$ per month, if the account earns interest at a rate of 10% per year compounded semiannually?

Q2: A present sum of 50000$ at an interest rate of 12 % per year compounded quarterly is equivalent to how much money 8 years ago? 

Q3: if a project cost per machine is 22,000$ per year for years 1 and 2 and then it increases by 8% per year through year 10 , at an interest rate of 10% per year

a) total present worth at year 0 .

b) total future worth at year 10.

Q4: Use the table below and the present worth method to select the best alternative at 12% per year,

                                                                                                A                                    B                               C 

First cost ,$millions                                                                       -200                            -350                              -475 

Annual cost,$millions                                                                     -450                           -275                              -400 

Salvage value,$millions                                                                     75                                50                             90   

Estimated life,years                                                                          20                                20                            20

Reference no: EM13740183

Questions Cloud

Goal of conducting a competitor analysis : The goal of conducting a competitor analysis is to gather information about the company's competitors and systematically formulate a strategy to become the market leader in the industry. In formulating any strategy, it is imperative that the compa..
What impact the culture of organization : Compare and contrast the mission and/or organizational visions statements of the two companies. What are the similarities and differences. How do you think these statements impact the culture of each organization
Human services outcome or behavior : Create a potential title in the form of a question:
Explain difficulties involved working in a foreign country : Working in a foreign country could have its difficulties. These difficulties could change if you are there for a short term assignment as compared to long term assignment.
How much money will be in a savings account : How much money will be in a savings account at the end of 10years from deposits of 1000$ per month, if the account earns interest at a rate of 10% per year compounded semiannually?
Evaluating single or periodic payments : What are the methods associated with evaluating single or periodic payments, and what is at least 1 application of each? Discuss the different methods that can be used to calculate these amounts, and explain how at least 1 of these models can be us..
Identify one internationally successful company : Identify one internationally successful company. Briefly describe its growth history. Describe a success and a difficulty it had growing to international status
Summarize foreign exchange exposure faced by themnc : Summarize two types of foreign exchange exposure faced by the MNC. Identification and measurement of these risks
Expected change in the value of usd : Assume that current spot rate of MXP is MXP13 per USD. Expected inflation rate in Mexico for the coming year is 12% and expected US inflation is 2%. What is the approximate expected change in the value of USD against Mexican peso

Reviews

Write a Review

 

Microeconomics Questions & Answers

  Explain sources of growth in the economy

List at least four sources of growth in the economy along with two examples of each source. Explain what it contains and why these sources are important.

  Why was a product well suited to monopolization

When the Great Depression caused a slump in diamond prices, De Beers Consolidated Mines undertook successful efforts to control the world supply of uncut diamonds and to increase consumer demand for cut diamonds. The company was able to increase c..

  If demand for sandwiches increases and sandwich markers

the table gives the demand and supply schedules for sandwiches.pricedollars per sandwichquantity demandedsandwiches

  The patient incurs travel costs of 20 find the costs of

a practice uses 40 worth of a dentists time 30 worth of a hygienists time 10 worth of supplies and 15 worth of a

  How does government budget surplus affect us economy

how does a government budget surplus affect the u.s. economy? identify two periods in recent history in which the

  Draw cheese market for united states showing world price as

draw the cheese market for the united states showing the world price as the price for this market. how much cheese does

  Evaluate the design elements of the data tables

Evaluate the design elements of the data tables from an accounting perspective. Create an entity relationship diagram illustrating the existing data tables.

  What is the firms composite cost of capital

A firm plans to raise $4 million by borrowing at an interest rate of 16 percent and to raise $1 million by issuing common stock. The firm's stock has a beta coefficient of 2, the risk free interest rate is 6 percent, the average rate of return on sto..

  Now assume that the us is a large country in this market

now assume that the u.s. is a large country in this market with the same supply and demand equations given in part ii

  Calculate the elasticity of production factors

Calculate the elasticity of production factors and what conditions must be satisfied by the production function parameters for the returns the scale to be increasing, decreasing or stable?

  If terrorism decreases supply by 5 percent and gas were

the short-run elasticity of demand for gasoline sold at gas stations is 0.20 and elasticity of supply is 1.00. if

  First served allocation mechanism

What incentives are created under a first come, first served allocation mechanism - The market system may not be efficient because people want more of the product.

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