Find the accumulated value of bob investments

Assignment Help Mathematics
Reference no: EM131985795

Bob deposits $20;,000 at the end of each year for seven years in a fund earning an effective annual rate of 8%. The interest from this fund can be reinvested at an effective annual rate of 9%. Find the accumulated value of Bob's investments at the end of nine years.

Reference no: EM131985795

Questions Cloud

Evaluate yourself using the three indices of creativity : Evaluate yourself using the three indices of creativity. What strategies can you use to enhance your creativity?
Explain two symbolic elements of the painting : Explain two symbolic elements of the painting and any other features that stand out to you. Pretend you are having portrait done of you and a significant other.
Calculate the balance in the sinking fund : Calculate the balance in the sinking fund immediately after repayment of the loan.
Explain power and compare how it relates to leadership : Explain power and compare how it relates to leadership. Analyze the five sources of power.
Find the accumulated value of bob investments : The interest from this fund can be reinvested at an effective annual rate of 9%. Find the accumulated value of Bob's investments at the end of nine years.
What was martin luthers point of the of the reform : Compare Erasmus and Luther in their attempts to bring about religious reform. What was Martin Luther's point of the of the reform?
What was the amount that was re-financed with second loan : What was the amount that was re-financed with the second loan? What was the monthly payment amount for the initial loan?
Water cools to the temperature of the surrounding air : Water in a water heater is originally 131°F. The water heater is shut off and the water cools to the temperature of the surrounding air, which is 80°F.
About the calculate tax paid on gain on disposal : Genetic Insights Co. purchases an asset for $15,340. This asset qualifies as a seven-year recovery asset under MACRS. Calculate tax paid on gain on disposal.

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

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