Solution-Problem regarding the sinking fund earning

Problem regarding the sinking fund earning

Assignment Help Basic Computer Science

Reference no: EM131076177

If inflation holds at 5.2% per year for 5 years, what will be the cost in 5 years of a car that costs $16,000 today? How much will you need to deposit each quarter in a sinking fund earning 8.7% per year to purchase the new car in 5 years?

Reference no: EM131076177

Questions Cloud

Choices for compensation : Mr. Vasquez has been given two choices for his compensation. He can have $20,000 cash plus $500 per month for 10 years, or he can receive $12,000 cash plus $1000 per month for 5 years. If the interest rate is 8%, which is the better offer?

Monthly payments for the next : Mr. Albers borrowed $425,000 from the bank for his new house at an interest rate of 9%. He will make equal monthly payments for the next 30 years.

Write a detailed description to joining gangs : Write a detailed description of at least five alternatives to joining gangs. Next of the five alternatives you proposed which alternative do you believe is the best in keeping individuals from joining a gang?

Discuss the actions of the main characters in the film : For the final paper, discuss the actions of the main characters in the film. What were their motivations? Their options? How did their "world view" influence their decision-making? Do you agree with their choices or not, and why? Analyze their pre..

Problem regarding the sinking fund earning : If inflation holds at 5.2% per year for 5 years, what will be the cost in 5 years of a car that costs $16,000 today? How much will you need to deposit each quarter in a sinking fund earning 8.7% per year to purchase the new car in 5 years?

Problem regarding the joint-cost function : A company produces x units of commodity A and y units of commodity B each hour. The company can sell all of its units when commodity A sells for p=80-10x dollars per unit and commodity B sells for q=100-4y dollars per unit.

State cramer rule : State Cramer's Rule. Use it to solve the linear system (no credit for solving the system directly)

Production quota for the total number of items : A company manufactures x units of one item and y units of another. The total cost in dollars, C, of producing these two items is approximated by the function C=4x^2+3xy+6y^2+600. (a) If the production quota for the total number of items (both types..

Write six-ten facts or statistics you found interesting : Write six-ten facts or statistics you found interesting. These facts should prove or disprove Martin Luther King's idea of the "promised land."

User Account

All Pages

Problem regarding the sinking fund earning

Reference no: EM131076177

Reference no: EM131076177

Questions Cloud

Reviews

Write a Review

Basic Computer Science Questions & Answers

Identifies the cost of computer

Input devices

Cores on computer systems

Prepare an annual budget in an excel spreadsheet

Write a research paper in relation to a software design

Describe the forest, domain, ou, and trust configuration

Construct a truth table for the boolean expression

Evaluate the cost of materials

The marie simulator

What is the main advantage of using master pages

Describe the three fundamental models of distributed systems

Distinguish between caching and buffering

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT