What is the equal payment series

Assignment Help Business Economics
Reference no: EM131523888

What is the equal payment series for 12 years that is equivalent to a payment series of $15,000 at the end of the first year, decreasing by $1,000 each year over 12 years? Interest is 8% compounded annually.

Reference no: EM131523888

Questions Cloud

Future of the social security programs : Conduct some research on the future of the Social Security programs. Based on your research, describe your view of the Social Security programs
Determine the amount in the fund : Five annual depostis in the amounts of $3,000, $2,500, $2,000, $1,500 and $1,000 in that order, are made into a fund that pays interest at a rate of 7% compound
The four fundamental ethical principles : The Principle of Respect for autonomy -Autonomy is Latin for "self-rule" We have an obligation to respect the autonomy of other persons.
Demonstrate a strong thesis statement about south africa : Assignment: Rough Draft Slides South Africa- The presentation should demonstrate a strong thesis statement about your chosen country and its healthcare system.
What is the equal payment series : What is the equal payment series for 12 years that is equivalent to a payment series of $15,000 at the end of the first year
God created man in his own image : God created man in his own image. He created the world and all the things in the world for man to use and to care for in 6 days.
Determine the geographic extent of political control : What factors determine the geographic extent of political control - the size of what we would now call the "state"?
Calculate the NPV of the project : You are required to calculate: NPV of the project (to the nearest dollar) and IRR of the project (as a percentage to two decimal places)
What is wrong with the host analysis : On the fictitious television game show, "Marginal Analysis for Everyone," the host subjects contestants to unusual tests of mental skill.

Reviews

Write a Review

 

Business Economics Questions & Answers

  About the firms total revenues

You are the manager of a firm that receives revenues of $60,000 per year from product X and $80,000 per year from product Y. The own price elasticity of demand for product X is -1.5, and the cross-price elasticity of demand between product Y and X is..

  Assume there is a lapse from full employment

Assume there is a lapse from full employment. Compare the solution offered by the classical economists with that offered by J.M. Keynes. How do these solutions differ from those offered by supply siders and monetarists? You might also mention the vie..

  Which investment has a higher rate of annual cash return

Which investment has a higher rate of annual cash return? Investment A: $1,000 bond with a coupon rate of 4 percent selling for $1,200 or Investment B: $1,000 stock with a P/E ratio of 10 that pays out half its profits in dividends.

  Calculator company produces scientific calculator

A calculator company produces a scientific calculator and a graphing calculator. Because of limitations on production capacity, no more than 220 scientific and 180 graphing calculators can be made daily. To satisfy a shipping contract, a total of at ..

  Is the concept of economic performance

Is the concept of economic performance, together with the practice of using economic performance measures (variables) that are either money amounts or are constructed from several money amounts, a valid, objective tool to measure value? Defend your a..

  Difficult to reach global environmental agreements

Restaurants have observed that large parties (eight or more) leave a lower average tip than smaller parties. Identify the effect, which also makes it more difficult to reach global environmental agreements, responsible for this phenomenon.

  Find the equilibrium consumption of steaks and leisure

Suppose there is a single consumer with U = Sl, where S is steaks and l is leisure time. The Consumer is endowed with one unit of leisure time, and the production for steaks is S = l / c , where c >0 is a constant. Find the equilibrium consumption of..

  Determine the level of output of each commodity

Given the following total profit function: 1. Determine the level of output of each commodity at which the firm maximizes its total profit 2. Determine the value of total profit at the maximum output level

  What is the quantity demanded at a market price

Graph the demand curve D: P=300-11Q. What is the quantity demanded at a market price of $25? Why is the demand curve downward sloping? Explain how we go from an individual’s demand curve to a market demand give and graph an example.

  Price elasticity of demand for labor over range of prices

A firm has the production function Q=L times K. For this production function, MPL=K and MPK=L. The firm initially faces input prices w= $1 and r= $1 and is required to produce Q bar= 100 units. Later the price of labor, w, goes up to $4. Find the opt..

  Identify the profit-maximizing attendance and profit in case

Graph a short run situation where a large-market team has lower profits at its profit maximizing level of attendance than a small-market team has at its profit maximizing level of attendance. In your graph, be sure to identify the profit-maximizing a..

  Calculate the her find a hl-hirschman index

An industry consists of three firms with sales of $235,000, $680,000, and $315,000. Calculate the Her find a hl-Hirschman index (HHI). Calculate the four-firm concentration ratio (C4).

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