Same value in the account

Assignment Help Business Economics
Reference no: EM131426992

You invest $1000 a year into a savings account from the birth of your child until her 18th birthday (including on the day of her birth and including on her 18th birthday). Instead you could have invested X$ from her day of birth until (and including) her 10th birthday, which would have ended up with the same value in the account. What is X?

Can you please explain all the steps one by one necessary to find X please.

Reference no: EM131426992

Questions Cloud

Which disease prompted flour producers to enrich flour : All but which of the following are famous for advocating that better health is possible by decreasing the spread of germs?The rate of motor vehicle accidents has risen dramatically since 1925 due to the steady and significant increase in the total n..
Demand-supply of health insurance market : The ACA imposed a penalty on uninsured. Does it really promote more uninsured young adults to purchase health insurance? What is its impact on demand/supply of health insurance market?
Globalization-motivating force behind business environment : Globalization is the motivating force behind the business environment in the 21st century. Globalization only significantly affects the CEO’s of multinational corporations and high-net-worth individuals. You are to argue that the statement is true.
Discuss about the impact on popular music in the world : According to the authors (Regev & Seroussi), what are the Pros and Cons of globalization's impact on popular music in the world? Use the music of the Idan Raichel Project as an example for the Israeli case.
Same value in the account : Instead you could have invested X$ from her day of birth until (and including) her 10th birthday, which would have ended up with the same value in the account. What is X?
Explain internal strengths and weaknesses as business owners : You may use a table like the one below. You should have at least two bullet points under each category. Assess you/your group's skills and abilities related to your industry and business knowledge to determine your internal strengths and weaknesse..
Shippers must balance the considerations of speed : In choosing a transportation mode for a product, shippers must balance the considerations of speed, dependability, cost, and ________. Busch Stadium in St. Louis charges different prices for seats in different areas of the ballpark, even though their..
Compute the equity beta and wacc for gt associates : The tax rate is 50 percent. Compute the equity beta and WACC for GT Associates.
Do some research to find an example of failed product : Do some research to find an example of a failed product, and discuss. How do you think companies should handle product failures, including the people aspect of the failure? Would you handle things differently depending on the timing of the failure? W..

Reviews

Write a Review

Business Economics Questions & Answers

  Suppose that change in tastes occurs in eurozone

Suppose that a change in tastes occurs in the Eurozone such that residents in Eurozone nations are prompted to purchase more goods and services from the U.S. In other words, Eurozone consumers purchase more imports from the U.S. What would be the eff..

  Q 1 briefly summarize the ingredients determinants of

q. 1. briefly summarize the ingredients determinants of economic growth.2. what phase of the business cycle is the u.s.

  Draw tareks budget constraint and consumption

Tarek commutes on the subway, and buys all-other-goods (AOG). He has $100 to spend on subway tickets and AOG. The price of AOG is $1, and the price of a subway ride is $1, as well. Draw Tarek’s budget constraint and consumption, making sure to label ..

  Why are usage-based insurance rates lower

Why are usage-based insurance rates lower than at-rate insurance fees? Give two separate reasons and explain.

  Continuously compounded risk-free interest rate

A stock is projected to pay a dividend of $3 in 1 month. A three month at-the-money European put option on the stock has a premium that is $2.751 higher than the premium for a three-month-at-the-money European call option on the stock. The continuous..

  Calculate a laspeyres cost-of-living index

Roberto is a senior citizen who consumes food and healthcare. When he retired in 2002, he consumed 90 meals and 3 medical checkups per month. Suppose in 2002 that the price of a meal was $10 and the price of a medical checkup was $64. Calculate a Las..

  In terms of influencing output

In terms of influencing output, when the economy is operating at near full employment output relative to when the economy is operating at levels of output well below full employment. During the the Great Recession, the aggregate expenditure curve shi..

  A draw the supply and demand for apartments assume in this

a draw the supply and demand for apartments. assume in this market all apartments are identical so there is only one

  Oil depletion assuming renewable substitute exists

Graphically, show the time path of prices, MC, and resource consumption for oil depletion assuming a renewable substitute exists and MEC increases as extraction increases. How has the advent of fracking changed this model, if at all? Explain. Why is ..

  Careful study of the retail tire market

Suppose that Jack and Jill use a tit-for-tat scheme to encourage cartel pricing. Jill chooses the low price for two successive months, and then switches to the high price. The two firms will deviate from cartel pricing for a total of _________ months..

  Dynamics of aggregate demand and aggregate supply model

Use the dynamics of Aggregate Demand and Aggregate Supply Model: What is the cause of the 2007-09 Great recession? What happened to aggregate demand and aggregate supply model during this crisis? What role did the commercial and investment banks play..

  Consider the impact of religion on your strategic moves

You have been given the daunting mission of opening the first GM dealerships in Iran (now that the sanctions have been removed ). Which cultural factors should you take into account as you prepare to do business there . In particular do any of Hofste..

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