How much would be in the account at the end of 15 years

Assignment Help Macroeconomics
Reference no: EM13327036

A company deposits 2000 in the bank at the end of every year for 10 years. The company makes no deposits during the subsequent 5 years. If the bank pays 8% intereest, how much would be in the account at the end of 15 years?

Reference no: EM13327036

Questions Cloud

What is the final temperature of the heating element : A certain toaster has a heating element made of Nichrome resistance wire. What is the final temperature of the heating element
Determine the temperature of the oven : A length of aluminum wire has a resistance of 14.0 ? at 22.0°C. When the wire is warmed in an oven and reaches thermal equilibrium, Neglecting thermal expansion, find the temperature of the oven
Prepare the journal entry in the books : Prepare the journal entry in the books of Ren Ltd for the year ended 30 June 20x3 to equity account its investment in Wei Ltd.
How much interest income will have to declare on tax return : You buy a zero coupon bond at the beginning of the year that has a face value of $1000, a YTM of 9 percent, and 12 years to maturity. You hold the bond for the entire year.
How much would be in the account at the end of 15 years : A company deposits 2000 in the bank at the end of every year for 10 years. The company makes no deposits during the subsequent 5 years. If the bank pays 8% intereest, how much would be in the account at the end of 15 years?
Obtain the length of the wire : Suppose that you wish to fabricate a uniform wire out of 0.950 g of copper. Assume the wire has a resistance R = 0.600 ?, and all of the copper is used. What will be the length of the wire
How much wirk is done against the atmosphere : Ice at 0 degrees Celsius and at a pressure of 1 atmosphere has a density of 916.23 kg m^-3 while water under these conditions has a density of 999.84 kg m^-3
Find a lower interest rate : how much does it lower your payment if you shop around and find a lower interest rate? How much could you lower the payment by having a bigger down payment? What happens if you extend the term of the loan.
What is the internal rate of return : What is the internal rate of return? (Do not round intermediate calculations

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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