Calculate the deposited amount - construction management, Civil Engineering

Assignment Help:

An engineer deposits an "X" amount every 6 months for 3 years so that she'll have $10,000 at the end of this period. The interest rate is 5% per year which is rebalanced every 6-month.  The amount deposited is most nearly:

Solution:  Determine the components and apply the equation:

n = 6 deposits     i = 2.5% per 6-month period 

F = $10,000(A/F, 2.5%, 6) = 0.15655 A = $1,565.50


Related Discussions:- Calculate the deposited amount - construction management

Pumping for concreting works, Question What are the key problems if use pu...

Question What are the key problems if use pumping for concreting works ? Answer In pumping operation , force exerted by pumps have to overcome friction involving concrete an

Classification of timber based on mode of growth, Classification Based on M...

Classification Based on Mode of Growth: On the basis of mode of growth trees are classified as (a) Exogeneous and (b) Endogeneous (a) Exogeneous Trees: These trees grow outwa

Distomat, short note about characteristics of distomat

short note about characteristics of distomat

Total station, describe in detail the various parts of a total station

describe in detail the various parts of a total station

Estimating, a 45 cm deep roof beam is provided on 30 cm wall of a room size...

a 45 cm deep roof beam is provided on 30 cm wall of a room size 3.0m*5.0m . calculate the quantity of steel required in beam on percentage basis.

Roadworks - filler and binder in bituminous pavement, Q. Roadworks - filler...

Q. Roadworks - filler and binder in bituminous pavement? In bituminous materials, course aggregates perform the bulking action of mixture and contributes to stability of result

Calculate the total passive earth resistance on the wall, A  retaining wall...

A  retaining wall, 4.5 m high, retains a soil with  c = 2 N/cm 2 ,  φ = 30° and g = 20 kN/m 3 , with horizontal surface level with the top of the wall. The backfill carries a surch

Define well steoning, Q. Define Well Steoning? It is the side wall of w...

Q. Define Well Steoning? It is the side wall of well foundation. It is built of masonry or cement concrete not less than M 10 grade, sufficient bond rods should be provided to

Aaaaaa, what is the reciprocal ranging ? with neat sketch ?

what is the reciprocal ranging ? with neat sketch ?

Write Your Message!

Captcha
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