How much would be in the account at the end of year

Assignment Help Microeconomics
Reference no: EM132156823

Question: A company deposits $2000 in a 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% interest, how much would be in the account at the end of 15 years? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132156823

Questions Cloud

Claim and declared the policy to be void : The insurer denied the claim and declared the policy to be void. Will a court agree with the insurer?
What is the price of the car : A car may be purchased with a $3000 down payment now and 60 monthly payments of $480. If the interest rate is 12% compounded monthly.
Coverage for loss of the server : He requested coverage for loss of the server but did not tell the insurance company about the chemicals. Is this concealment?
Why is diversity among the ranks of officers important : Law enforcement officers were traditionally white males. Beginning in the 1950's, there began to be a push toward increasing diversity among officers.
How much would be in the account at the end of year : A company deposits $2000 in a bank at the end of every year for 10 years. The company makes no deposits during the subsequent 5 years.
Relationship between each axiom and product quality : Describe five testing axioms and explain the relationship between each axiom and product quality.
Patient records and demands ransom : Search the Internet for an article on the current situation with availability of data breach insurance. Is coverage likely to be available?
What is the programming model for a motorola 6800 : What is the programming model for a Motorola 6800 microprocessor and compare it with the programming model (register file) for an 8086?
How much per vehicle should the toll be : A city engineer knows that she will need $25 million in 3 years to replace toll booths on a toll road in the city. Traffic on the road is estimated to be 20.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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