How much money must be deposited to the fund

Assignment Help Mechanical Engineering

Reference no: EM13212394

Principles of Engineering Economic Analysis-Time value of money-use of gradient factor is expected

A small company wishes to set up a fund that can be used for technology purchases over the next 6 years. Their forecast is for $12,000 to needed at the end of the year 1 , decreasing by $2,000 each year therafter. The fund earns 8 % per year. How much money must be deposited to the fund at the end of the year 0 to just deplete the fund after the last withdraw.

Reference no: EM13212394

Questions Cloud

How to make use of critical elasticity of demand analysis : Suppose that the "Small but Significant and Nontransitory Increase in Price" threshold is 5%. Making use of critical elasticity of demand analysis, do the existing producers of this product represent an antitrust market, or do additional substitut..

The combination of atoms is most likely to produce a compond : Which combination of atoms is most likely to produce a compond with covalent bonds?a) K and Brb) Al and Sc) S

Calculate the change in internal energy of the gas : Calculate the change in internal energy of the gas. Remember it is an ideal gas in a constant temperature bath.

Estimate coefficients of a model in which accounting profit : A researcher has data on accounting profits, HHI, and different conditions of entry for different Canadian industries for the year 2009. Using this cross sectional data set, the researcher has estimated the coefficients of a model.

How much money must be deposited to the fund : Principles of Engineering Economic Analysis-Time value of money-use of gradient factor is expected

Explain what is the optical rotation of pure r : a mixture with 75% R and 25% S has an optical rotation of -30. what is the optical rotation of pure R?

Solve for the pressure of a gas using both equations : Solve for the pressure of a gas using both equations at a temperature of 400K and a molar volume of 1x 10-4 m3/mol. For the van der Waals EOS, use parameters of a= 4.1x10-1 (m3/mol)2 Pa, and b=4.3x10-5 m3/mol.

Write the electron configuration : Write the electron configuration of the following ions by using spdf notation.

Explain pulse polarography is the most sensitive technique : why differential pulse polarography is the most sensitive technique among the different modern types of polarography

User Account

All Pages