What single amount is equal to a series

Assignment Help Microeconomics

Reference no: EM132157819

Question: What single amount on October 1, 2012, is equal to a series of $1000 quarterly deposits made into an account? The first deposit occurs on October 1, 2012, and the last deposit occurs on January 1, 2026. The account earns 13% compounded continuously. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132157819

Questions Cloud

Desirability of a capital budgeting project : Describe the internal rate of return (IRR) as a method for deciding the desirability of a capital budgeting project. What is the acceptance benchmark

What will be the balance in the account : PARC Company has money to invest in an employee benefit plan, and you have been chosen as the plan's trustee. As an employee yourself, you want to maximize.

Constant rate of percent per year : Blossom, Inc., is a mature firm that is growing at a constant rate of 5.00 percent per year.

Did he make the right decision : Barry, a recent engineering graduate, never took engineering economics. When he graduated, he was hired by a prominent architectural firm.

What single amount is equal to a series : What single amount on October 1, 2012, is equal to a series of $1000 quarterly deposits made into an account? The first deposit occurs on October 1, 2012.

Pay for company stock : what is the maximum price that you would be willing to pay for this company's stock

Find problematic or evidence that you do not find compelling : Are there any assumptions (unspoken values/beliefs) that you find problematic or evidence that you don't find compelling;

What the equivalent present cost is : The council members of a small town have decided that the earth levee that protects the town flooding should be rebuilt and strengthened.

How much would you need to set aside : It is estimated that the maintenance cost on a new car will be $400 the first year. Each subsequent year, this cost is expected to increase by $100.

User Account

All Pages