Accumulated balance in savings plan

Assignment Help Mathematics
Reference no: EM131069779

Assuming a 5.25% rate of return, compound quarterly, what wouldd be the accumulated balance in savings plan that has an initial deposit of $1000 and quarterly payments of $500 for 40 years.

Reference no: EM131069779

Questions Cloud

Indicated term of the arithmetic sequence : Find the indicated term of the arithmetic sequence with first term, a1, and common difference, d.
Mass of the gasoline in the tank : A cylindrical tank with a radius of 12 ft and a height of 32 ft is filled with gasoline. Given a density of 670 kg/m3 determine the mass (lbm) of the gasoline in the tank.
Rick parr-archer daniels midland company : Archer Daniels Midland (ADM) was ranked 59th on the 2007 Fortune 500 list.63 ADM is one of the largest agricultural processors in the world, with 27,600 employees globally.
What is the epidemiological concern : Address the following questions- What is the epidemiological concern? What population is it affecting? What potential population may be affected if this concern is not addressed
Accumulated balance in savings plan : Assuming a 5.25% rate of return, compound quarterly, what wouldd be the accumulated balance in savings plan that has an initial deposit of $1000 and quarterly payments of $500 for 40 years.
Write a paper about determinants of demand and supply : Write a paper about DETERMINANTS OF DEMAND AND SUPPLY. Briefly summarize the purpose of your paper by introducing the case (the situation) that you are analyzing and studying, and what are you trying to achieve from your study.
Information about the statue of liberty : Use the information about the Statue of Liberty on page 88 to explain how equations are used to describe heights. Include an equation relating the heights of the Sears Tower, which is 1454 feet tall, the two antenna towers on top of the building, ..
Calculate the area of the shaded region : Calculate the area of the shaded region. Interpret what the area means in terms of the given scenario. As the Internet grows and becomes more accessible to many users, what do you think are its advantages and disadvantages
Average of the recorded temperatures : What was the average of the recorded temperatures for these20 days? Do not round your answer.

Reviews

Write a Review

Mathematics Questions & Answers

  Get the answer to this 3.55x(4/1)x(5/6)

How do I get the answer to this 3.55x(4/1)x(5/6)= How do I express these as percentages 0.45 and 2/3 ? Respectively

  If total is 17 then i roll two more dice and add that to

you are going to roll four twenty-sided dice. if the rolls total to 20 or less roll two more twenty-sided dice and add

  Complex problems

Complex problems

  Write an equation to represent this information

write an equation to represent this information.

  Find the dimensions of the barrel

A man wishes to construct a cylindrical barrel with a capacity of 1087r ft3. The cost per square foot of the material for the side of the barrel is half that of the cost per square foot for the top and bottom. Help him find the dimensions of the barr..

  What is it half life

If 80% of a radioactive element remains after 250 million years, then what percent remains radioactive after 600 million years? What is it's half life?

  Explain what is the expected value of the insurance policy

life insurance policy with coverage of $110,000. if the probability taht he will live through the year is 0.9993, what is the expected value of the insurance policy?

  Sketch picture of how brownie pan might look before and

greg buys 25 of a square pan of brownies that has only 710 of the pan left. draw a picture of how the brownie pan might

  What is the apothem of the hexagon

a regular hexagon is inscribed in a circle with a diameter of 6.4 centimeters. what is the apothem of the hexagon?

  Recurrence relation in algebra

Bob deposits quarters and dollar bills into a vending machine to buy snacks. Find a recurrence relation for the number of ways he can deposit 25*n cents into the machine if the order matters.

  Annual percentage rate-finance charges

A copier that originally cost $300 was sold on the installment plan as $28 per month for 12 months. Find the installment price if no down payment was made. Find the finance charge.

  Find the least-squares estimates for the parameters

Suppose that population (measure in millions) is modeled by the linear function pl(t) = a + bt. Find the least-squares estimates for the parameters a and b.

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