Deposits were not made for the tenth and eleventh years

Assignment Help Financial Management

Reference no: EM131130245

A deposit of $800 is planned for the end of each year into an account paying 8 percent/year compounded annually. The deposits were not made for the tenth and eleventh years. All other deposits were made as planned. What amount will be in the account after the deposit at the end of year 25? A) $55,397 B) $59,537 C) $53,597

Reference no: EM131130245

Questions Cloud

What sort of inefficiencies does the price control cause : Would you expect patients and doctors to find ways around the maximum price?

How many other real estate firms also be competing for sales : It is your responsibility to analyze the sales list and determine which housing development project your real estate firm should focus on. Your submission should make a clear designation which project you chose. Your analysis should be from as man..

Enterprise data management system : Galvanized Products is considering the purchase of a new computer system for their enterprise data management system. The vendor has quoted a purchase price of $100,000. Galvanized Products is planning to borrow 1/4th of the purchase price from a ban..

Consider the calculation of an external rate of return : Consider the calculation of an external rate of return (ERR). The positive cash flows in the cash flow profile are moved forward to t = n using what value of i in the (F/P, i, n-t) factors? A) 0 B) the unknown value of ERR (i') C) MARR D) IRR

Deposits were not made for the tenth and eleventh years : A deposit of $800 is planned for the end of each year into an account paying 8 percent/year compounded annually. The deposits were not made for the tenth and eleventh years. All other deposits were made as planned. What amount will be in the account ..

How does the maximum price affect the quantity of gasoline : Draw a graph to show the effects of the maximum price on the gasoline market. Label the initial equilibrium point as a and the point that shows the quantity supplied under the maximum price as b.

Analyze good health hospitals records : Analyze Good Health Hospital's records and itemize recent nosocomial infections that occurred within the past year. Identify a targeted audience within Good Health Hospital.

Prepare a ppt on transition plan and approach : Prepare a PowerPoint slide presentation on Transition Plan & Approach.Your PPT presentation should have a minimum of 10 slides to address each criteria

What attributes would you describe to find a new ceo : If you were on the recruiting team to find a new CEO for a company where the board mandate was to focus on embedding innovation into the DNA of the company, what attributes would you describe as being the "must haves?"

User Account

All Pages