Find the uniform annual amount that is equivalent

Reference no: EM13561640

Find the uniform annual amount that is equivalent to a uniform gradient series in which the first year’s payment is $500, the second year’s payment is $600, the third year’s payment is $7000, and so on, and there is a total of 20 payments. The annual interest rate is 8%.

can you also find if intrest rate is 5%

Reference no: EM13561640

Questions Cloud

Show the event that the maximum shear force : A weight W somewhere between 1 to 10 tons is randomly placed along a beam of 10m long span. Let X denote the distance from the point of applicatoin of the load to the nearest support.

What biodegradation reaction rate coefficient : Two shallow lagoons connected in series, each having a surface area of 5 km^2 and depth of 1m, are receiving 8640 m^3/day of sewage containing 100mg/L of biodegradable contaminant.

Find an expression for the diameter d of the droplet : A drop of water forms under a solid surface. assume the drop has the shape of a hemisphere just before seperating. find an expression for the diameter, D

Calculate the size of the critical radius and the number : For maximum undercooling, calculate the size of the critical radius and the number of atoms in the critical nucleus when solid copper forms by nucleation.

Find the uniform annual amount that is equivalent : Find the uniform annual amount that is equivalent to a uniform gradient series in which the first year’s payment is $500, the second year’s payment is $600, the third year’s payment is $7000, and so on, and there is a total of 20 payments.

What is the maximum exiting velocity and what is the maximum : A fireman reduces the exit area on a nozzle so that the velocity inside the hose is quite small relative to the exiting velocity. What is the maximum exiting velocity and what is the maximum height the water can reach if the pressure inside the hose ..

User Account

All Pages