Normal actuarial notation

Reference no: EM13733421

To accumulate 18,000 at the end of 7n years, a deposit of 5,000 is made at the end of the first 3n years and another deposit of 7,200 is made at the end of 5n years. Find v^n where v is taken from our normal actuarial notation and v>0

Previous Q& A

Suppose the impact on the interest rate

Suppose the impact on the interest rate of a \$3 increase in government spending can be eliminated by a \$1 increase in the money supply. If "the" multiplier is 4 and the income multiplier with respect to the money supply is 3, what mix of monetary and..

Conduct research on the current state of social security

Conduct research on the current state of Social Security. Your 5 page paper should address the following: Explain the concept of Social Security as originally envisioned by President Roosevelt. Evaluate the viability of Social Security within the nex..

Demand curve happens to be price inelastic

Why do you think that whenever the government wants to increase their revenue they usually decide to increase the tax on items such as gas, tobacco products and/or alcohol? Why is it unlikely that a firm would sell at a price where its demand curve h..

What is maximizing volume of box

Consider a box with width W, length L, and height H. Suppose you have to construct a box with the following constraint: W+L+H equal or less than 30. Suppose W has to be 12. What is maximizing volume of box? What should L and H be?

Cost of building a new high speed railway system

The cost of building a new high speed railway system is reported to be high at 25 billion. Does it necessarily follow that the high speed railway is not worth building?

Explain how this event may affect the price of gasoline

During the past year, gasoline prices have been very volatile. One reason given for at least some of the volatility is the threat of war between Israel and Iran. More recently, there has been a report of serious fire damage to Venezuela's largest ref..

Calculate the ratio between the deficit and GDP percentage

Suppose that the annual federal deficit is \$350 billion. Gross Domestic Product 'GDP', a measure of the size of the economy is \$14.5 trillion (\$14,500 billion). Calculate the ratio between the deficit and GDP as a percentage rounded to one decimal pl..

Current household budget-tastes and preferences

Explain how your own current household budget, tastes and preferences, and future expectations determine how much of each of these products you purchase in a year. Describe the benefits (utility) you get from each product and service. Suppose the pri..

Offered to risk-averse individual to willingly accept gamble

What term best describes the payment which must be offered to a risk-averse individual to willingly accept a gamble?

Type of performance measurement based process

Which of the following terms describes a phenomenon whereby individuals ignore their own information about the best course of action and instead simply do what everyone else is doing? What type of performance measurement based process was used to det..

Similar Q& A

Systems analysis and design ndash the movement to

systems analysis and design ndash the movement to objectspart 1 answer the module review questions listed below. these

Explain the viewpoints of classical and keynesian economists

Explain the viewpoints of classical and Keynesian economists. How did the economy that existed at the time of these theories influence them? Which theory is more appropriate for the economy today? Why?

Which of the two units would you recommend

Which of the two units would you recommend ? What initial cost of machine A woul make the two machines identical in overal cost?

Crew brew of wisconsin plans to build a microbrewery on a

crew brew of wisconsin plans to build a microbrewery on a small stream in that state. after sampling water from the

Illustrate strength of dollar on domestic economy

Following issues will be addresses: strength of dollar on domestic and global economies, profits from tariffs or quotas and losses from tariffs or quotas.

What should the prod level if fixed costs rose

Illustrate what should the prod level if fixed costs rose to \$50000 per month Explicate.

Qthe news reports which the exchange rate for the dollar

q.the news reports which the exchange rate for the dollar just hit its lowest value in a decade it also reports which

Production possibilities frontier

Explain the relationship among the bowed out shape of the production possibilities frontier and the increasing opportunity cost of a good as more of it is produced.

Bank compounds interest

If you want to make four equal payments on each January 1 from 2013 through 2016 to accumulate the \$1,000, how large must each payment be.

Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

What would help wages from falling quickly in a recession

Why could you say that supply-side economics is really more about after-tax wages and after-tax returns on investment than is about tax rates?

What interpretation would you give to the exponent of n

Determine the point price elasticity of demand for Tweetie Sweeties. b. Determine the advertising elasticity of demand. c. What interpretation would you give to the exponent of N?