### Computing annuity and sinking fund

##### Reference no: EM13115186

What is the difference between an annuity and a sinking fund? If you were to set up an annuity today to purchase something in 7 years what would it be for? If you were getting 6% compounded annually what would your payments need to be to reach your goal? What type of payments would you want to make (monthly, quarterly, yearly, etc) and why?

#### Questions Cloud

 Determining pert and cpm : Assume you are going to manage a large construction project involving many subcontractors. Why use PERT or CPM to plan the project rather than just logically scheduling the subcontractors? Explain positive side of high degree of interconnection : A small, undocumented change resulted in the collapse of the VA system, largely due to the high interrelationship between its applications. What is the positive side of this high degree of interconnection, and how does this benefit patients? Calculate the molar concentration of uncomplexed zinc ion : Calculate the molar concentration of uncomplexed Zn2+ in a solution that contains 0.20 mole of Zn(NH3)42+ per liter and 0.0116 M NH3 at equilibrium. What happen if company fail to meet guaranteed mileage : What should the guaranteed mileage be if the tire company desires that no more than 2 percent of the tires will fail to meet the guaranteed mileage? Computing annuity and sinking fund : What is the difference between an annuity and a sinking fund? If you were to set up an annuity today to purchase something in 7 years what would it be for? Whats the hardness of water : You collected a water sample from your shower containing 3.2mM Ca2+ and 1.1 mM Mg2+ whats the hardness of water in terms of CaCO3/L. Percentage of batteries is expected to fail-warranty period : A manufacturer of batteries offers a two-year limited warranty. If the battery fails for any reason during the first two years, it is replaced. What percentage of the batteries is expected to fail within the warranty period? Discuss the shift in valuing direct and indirect : Discuss the shift in valuing direct and indirect use values of resources associated with the Elhwa River. What is the temperature of the hydrogen gas : If the temperature of the water in your reaction bowl is 23 C, what is the temperature of the hydrogen gas.

### Write a Review

#### Relationship between speed, flow and geometry

Write a project proposal on relationship between speed, flow and geometry on single carriageway roads.

#### Logistic regression model

Compute the log-odds ratio for each group in Logistic regression model.

#### Logistic regression

Foundations of Logistic Regression

#### Probability and statistics

The tubes produced by a machine are defective. If six tubes are inspected at random , determine the probability that.

#### Solve the linear model

o This is a linear model. If your model needs a different engine, then you need to rethink your approach to the model. Remember, there are no IF, Max, or MIN statements in linear models.

#### Plan the analysis

Plan the analysis

#### Quantitative analysis

State the hypotheses that you are going to test.

#### Modelise as a markov chain

modelise as a markov chain

#### Correlation and regression

What are the degrees of freedom for regression

#### Construct a frequency distribution for payment method

Construct a frequency distribution for Payment method

#### Perform simple linear regression

Perform simple linear regression

#### Quality control analysis

Determining the root causes