Compute the amount of money to be set aside today

Assignment Help Mathematics
Reference no: EM131623369

Question: 1. Compute the amount of money to be set aside today to ensure a future value of $2,500 in one year if the interest rate is 2.5% annually, compounded annually

2. How much should Linda Bryan set aside now to buy equipment that costs $8,500 in one year? The current interest rate is 0.95% annually, compounded annually

Reference no: EM131623369

Questions Cloud

The importance of the health communications objectives : Identify 3 different health communication objectives listed by Healthy People 2020. Discuss the importance of the health communications objectives.
Reflect on the evolution of the marketing concept : MKT101A - Marketing Fundamentals - Analyse the social, cultural, global and environmental responsibilities of the professional marketer
Business markets and consumer markets : Which of the following is a difference between business markets and consumer markets??
Define intellectual property philosophies entrepreneurs : Apply the information concerning trade secrets to a business with which you are familiar
Compute the amount of money to be set aside today : Compute the amount of money to be set aside today to ensure a future value of $2,500 in one year if the interest rate is 2.5% annually.
Identify the main purpose and target audience of your psa : Identify the main purpose and target audience of your PSA. Develop a 30-second prerecorded PSA for a radio, a television, or a website.
Is the action the least restrictive and least intrusive : Is the action the least restrictive and least intrusive? Will the probable benefits of the action outweigh the infringed moral norms and any negative effects?
Define a lawsuit filed against a business : Develop an ability to evaluate the merits of a lawsuit filed against a business
What is the recommended dosage : Which of the following would be the most appropriate route of administration for an anticonvulsant to consider for M.T. and why?

Reviews

Write a Review

Mathematics Questions & Answers

  Find the height of the flag pole from the word problemthe

find the height of the flag pole from the word problem.the total height of a building and the flagpole on the roof is

  Find quantities of capital that minimize total cost to firm

Application exercise. Suppose that the total cost, C, of producing q0 = 100 units of output by a firm is given by the function C = f (k,l) = 0.2k + 5l.

  How to find the maximum height

how to find the maximum height and when the ball reach its maximum height using this formula h=-16t^2+Vot+ho if the initial velocity is 112ft.per second.

  Determine the finance charge and the new balance

Mary Lawson has a credit card account with an annual percentage rate of 18.24%. The unpaid balance for her November billing cycle is $783.56.

  The present value of annuity

The present value of annuity

  Find the probability that a resident plays poker

In the Happy Hilltop Health Home, 10% of the residents play shuffleboard, 30% of the residents play poker, and 10% of the residents garden. If 5% of the residents play poker and garden then find the probability that a resident plays poker, given t..

  David has a rectangular garden that measures

David has a rectangular garden that measures 11 feet by 13 feet. He wants to plant peas in hisgarden. Dad said that one seed packet will be enough to fill a space 10 feet on a side. Will David's garden have enough space to plant 2 seed packets?

  In how many ways can a team of six be chosen

In how many ways can a team of six be chosen from 20 players so as to include both the strongest and the weakest player?

  How many numbers are in the set

The mean of a set of data is 174.25 and the sum of the data is 1,394. How many numbers are in the set?

  What is the distinction between ethics and morality

Discuss the different meanings of the word "ethics," and include examples that elucidate the distinctions between these definitions.

  What is the total amount of money that the organization

A charitable organization spent $2,940 for administrative expenses. This amount is 12% of the money it collected. What is the total amount of money that the organization collected? Please Explain.

  A runoff for truck consists of 500 meter horizontal runway

a runoff for a truck consists of aa 500 meter horizontal runway with course gravel to stop the truck. the mass of the

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