What sum should you deposit into an account to yield payment

Assignment Help Econometrics
Reference no: EM13232725

What sum should you deposit into an account to yield 20 year end payments, starting with $10,000 at the end of the first year and increasing by 4% each year at an interest rate of 8% compounded quarterly?

Reference no: EM13232725

Questions Cloud

Describe the major mechanism was z : This sample was reacted with excess ammonia in diethyl ether at 0 c. The product mixture had a specific rotation of -29.9 degrees. If the specific rotation of pure (R) 1-phenyl ethanamine is +39.3 degrees. This reaction resulted in [X] percent inv..
Explain why the world did not experience growth before 1800 : Read "A Possible Perspective on Growth and Stagnation Over the Past 200 Years" posted on Blackboard. a. Describe the 4 reasons that Acemoglu gives for why the world did not experience growth before 1800.
Explain the kernel color and phenotypes : In corn plants, a dominant allele I inhibits kernel color, while the recessive allele i permits color when homozygous, the phenotypes and in what ratio of the F1 generation
Explain the ground state would reflect palladium : The book wants to know what the ground-state electron configuration should be for Ag+. I understand that if you have a positive ion, that it is losing an electron, so the ground state would reflect Palladium.
What sum should you deposit into an account to yield payment : What sum should you deposit into an account to yield 20 year end payments, starting with $10,000 at the end of the first year and increasing by 4% each year at an interest rate of 8% compounded quarterly
Explain what is the density of a gas : What is the density of a gas in g/L that has a molecular weight of 144, if the temperature and pressure is 25 degree C and 750 mmHg?
Explain molecules with twice the average velocity : Which of the following substances would consist of molecules with twice the average velocity of SO2 molecules at the same temperature?
Calculate the amount of the monthly deposit sarah must make : It is Sarah's 21st birthday today and she has received an inheritance of $50,000 from her grandfather. Sarah will spend one-half of this inheritance, and use the rest to start a retirement savings fund.
Determine which option requires a smaller endowment : Unstin.Ting Corporation wants to establish a scholarship in the company's name at a university. The firm wants the scholarship to provide a quarterly award of $4500. The university's scholarship foundation will invest the endow- ment in a fund

Reviews

Write a Review

Econometrics Questions & Answers

  Determine profit-maximizing price and level of production

You are the manager of a monopolistically competitive firm, and your demand and cost functions are given by Q = 36 - 4P and C(Q) = 124 - 16Q + Q2 a. Find the inverse demand function for your firm's product. b. Determine the profit-maximizing price ..

  Compute the internal rate of return and net present value

A firm has the opportunity to invest in a project having an initial outlay of $20,000. Net cash inflows (before depreciation and taxes) are expected to be $5,000 per year for five years. The firm has a marginal income-tax rate of 40%.

  What is the equivalent uniform annual cost of the truck

After keeping the truck for four years, he is hoping to get $10,000. He estimates that the insurance, property tax, and maintenance costs will be $2,000 in year 1 and gradually increase every year by $1,000. The equivalent uniform annual cost of th..

  Calculate his expected loss

If Roger could insure himself fully against the loss and the insurance is actuarially fair. d) What is the fair premium for his risk? e) Calculate his utility gain due to insurance. f) What value for the premium (instead of a fair premium would cause..

  What is the best point estimate of the population mean

Recently, a university surveyed recent graduates of the English Department for their starting salaries. Four hundred graduates returned the survey. The average salary was $25,000 with a standard deviation of $2,500. What is the best point estimate..

  Determine the poverty rate for country

There are 20 million households in Country X and 4 million of them are below the poverty line. What is the poverty rate for Country X?

  What will price and output be if there is no dominant firm

What will price and output be if there is no dominant firm Now assume that there is a dominant firm, whose marginal cost is constant at $6. Derive the residual demand curve that it faces and calculate its profit-maximizing output and price.

  Determine what should the values of p and x be

suppose two types of consumers exist, a more affluent group (1) with an estimated price elasticity for biscuits of -2 and a less affluent (2) with an estimated price elasticity for biscuits of -2.5. Pillsbury puts a posted price of a particular amoun..

  What is the annual cost of the national park

A national park in California contains the tallest known redwood tree, as well as remnants of the coastal redwood ecotype that once dominated coastal California. The park does not receive many visitors; it has been estimated that no more than 5,00..

  What rate return will the man receive

A man buys a corporate bond from a bond brokerage house for $925. The bond has a face value of $1000 and pays 4% of its face value each year. If the bond will be paid off at the end of 10 years, what rate return will the man receive

  Calcuate the price elasticity of demand for coffee

The initial price of cup of coffee is $1.00 and at that price, 400 cups are demanded. If the price falls to .90, the quanity demanded will increase to 500. a) calcuate the (arc) price elasticity of demand for coffee

  What will be the depreciation charges

if the cost basis for a macrs 5-year property is $100000 and the equipment is sold for $20000 after 5 years of beneficial use, what will be the depreciation charges the 1st and 5th years and the book value at the end of the 5th year

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