Solution-Months in a savings bank, A father wishes to

Months in a savings bank

Reference no: EM131239431

A father wishes to provide 4000 pesos for his son on his 21st birthday. how much should i deposit every 6 months in a savings bank which pays 3% compounded semi-annually if the first deposit is made when the son is 3.5 years old?

Reference no: EM131239431

Questions Cloud

How circumstance changes if the motor inertia is negligible : In addition to synthesizing bond graph and deriving the differential equations, use the bond graph to show that one inertia is dependent on the other. Furthermore, show how the circumstance changes if the motor inertia is assumed to be negligible.

What role do employees play in helping to achieve this goal : And what role do employees play in helping to achieve this goal? First off employees must have trust in that their organization and HR department is always working in changes that will also benefit the employees. The staff has a supporting role an..

Determined by equality of demand and supply : Price is determined by equality of demand and supply. The grocery stores charge same price for whole milk, 2% butter fat milk,1% butter fat milk and 0% butterfat milk.

Compute partial fraction expansion for a transfer function : Partial Fraction Expansion of a Pole-Zero Transfer Function. With the aid of MATLAB, compute the partial fraction expansion for a transfer function with zeros at -4 and -6, poles at -2 ± j and -5 ± j 4, and overall gain of unity.

Months in a savings bank : A father wishes to provide 4000 pesos for his son on his 21st birthday. how much should i deposit every 6 months in a savings bank which pays 3% compounded semi-annually if the first deposit is made when the son is 3.5 years old?

Benefits and leveraging capabilities of technological tools : Write a paper of approximately 750 words that discusses the need and necessity of research and technological tools. Identify a minimum of three (3) technological tools that you have used throughout your academic career and your current profession.

Economy using the value added approach : Calculate GDP in 2009 for this economy using the value added approach. Also, calculate GDP in 2009 using the expenditure approach. You need to show all ofyour work for full credit.

What is the equivalent uniform annual cost : The purchase cost of a copy machine is $5,000. Each year it costs $1500 on maintenance. After 10 years it will be scra pped for a salvage value of $800. What is the equivalent uniform annual cost (EUAC) of this copy machine with an annual interest ra..

Define gatekeeping and explain ethical communication issues : Define gatekeeping and explain the ethical communication issues associated with this practice. - Define agenda setting and explain the ethical communication issues associated with this practice.

User Account

All Pages

Months in a savings bank

Reference no: EM131239431

Reference no: EM131239431

Questions Cloud

Reviews

Write a Review

Macroeconomics Questions & Answers

What market interest rate per quarter would be associated

Elucidate action in the open market would the fed

Understanding international macro economyyour answers

Expenditures approach to calculating gdp

Primary and general objective of central banks

Explain the motivations of foreign investors

Goals and objectives for this departmental lan

1suppose the economy is experiencing inflation what would

Elucidate impact will an unanticipated increase in the money

Discuss the various uses of public budget

Discuss the statistical significance of the parameter

What utility levels will smith and jones enjoy

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT