User Account

All Pages

Balance in the fund after twelve years

Assignment Help Basic Computer Science
Reference no: EM131111588

Payments of $360 are made into a fund at the end of every three months for twelve years. The fund earns interest at 7% compounded quarterly.

a) What will be the balance in the fund after twelve years?

b) How much of the balance is deposits?

c) How much of the balance is interest?

Reference no: EM131111588

Questions Cloud

Should the firm increase their capital expenditures : Should the firm increase their capital expenditures to increase competitiveness? This will almost always be true but what segments of the business get the most capital allocated to them and why?
Velocity of the particle for the specific value : Find the magnitude of the velocity of the particle for the specific value of t.The magnitude is approximately nothing.(Type an integer or decimal rounded to two decimal places as needed.)
How are these rights and due process : It talks about this in a doctrine called Selective Incorporation of the Bill of Rights. It outlines the rights that pertain to the state governments via the 14th amendment
Compare and contrast the ideology and practice : Compare and contrast the ideology and practice (style) of community policing with the legalistic style of policing.
Balance in the fund after twelve years : Payments of $360 are made into a fund at the end of every three months for twelve years. The fund earns interest at 7% compounded quarterly. a) What will be the balance in the fund after twelve years?
Discuss and address any laws pertaining : Discuss public trust laws that deal with the embezzlement of public funds, fraud of public funds, jury tampering, election fraud, and so forth. You have decided to research the topic and write a short 2-page paper to become knowledgeable on the to..
How large must the annual deposits : How large must the annual deposits be to create the $220,000 fund by the end of 42 years? If you can afford to deposit only $600 per year into the account, how much will you have accumulated by the end of the forty-second year?
Problem regarding the value of the annuity : Ed Sloan invests $1,600 at the beginning of each year for eight years into an account that pays 10% compounded semiannually. The value of the annuity due is?
What types of value would you consider when assigning value : What types of value would you consider when assigning "value" to a firm's stock or bond? What is the significance of each of the different types of value in the valuation process? Use examples to support your response.

Reviews

Write a Review

Basic Computer Science Questions & Answers

  Will estimate emotional state of some user

Will estimate emotional state of some user

  Accept one input.

Write a function called "problem3" that accept ONE input. This single input will be formatted as follows: Row 1: X coordinates Row 2: Y coordinates Your function should then shift the shape

  Write a class called checkingaccount

Write a class called CheckingAccount that has the following fields and methods.

  Application that is widely used across many platforms

Discussion consist of Internet research and analysis by students on the typical uses of Microsoft Excel. Excel 2013 is Microsoft's spreadsheet application that is widely used across many platforms and for many uses, both professionally and per..

  Difference between value type and reference type

Difference between value type and reference type arguments in c#

  Discuss the process for creating xml documents

Discuss the process for creating XML documents and apply this knowledge to develop XML and DTD documents.

  What is the value of v_flag

What is the value of v_flag when the following PL/SQL block is executed successfully?

  Who do the sites promoting these toolsclaim to support

Who do the sites promoting these toolsclaim to support?

  ?x the size of the longest word

1. Why is it important to assume that integers in our computer model have a  ?xed size? 2. Consider the word puzzle problem on page 2. Suppose we ?x the size of the longest word to be 10 characters.

  Case problem- c & m veterinary clinic

Case Problem: C & M Veterinary Clinic, C & M Veterinary Clinic has been treating small and medium-sized animals in the Marlow, Oklahoma, and area for more than 10 years. The staff veterinarians perform all checkups and surgeries, and the staff te..

  Design and implement a character generator for dungeons

Use tables and formulas also from workshop file to complete assignment. Design and Implement a character generator for Dungeons and Dragons. It is to have the following specifications:

  Create a mailmerge

Create a Mailmerge-Your form letter must include an inserted picture or graphic and should give the address of a web site

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd