What is the amount a person would have to deposit today

Reference no: EM13273854

What is the amount a person would have to deposit today to be able to take out $5000 a year for 10 years from an account earning 8 percent annually?

Reference no: EM13273854

Questions Cloud

Derive equations for the capacitance and resistance : Derive equations for the capacitance, and resistance across the dielectric of a coaxial line of inner conductor radius a, and outer conductor radius b, and permittivity ε.

Find the wavelength of the stationary wave : a string stretched between two fixed ends vibrates in its second harmonic with a frequency f=2 Hz. if the velocity that links the frequency and wavelength is equal to 40 m/s, find the wavelength of the stationary wave

Find what is the maximum allowable resistor tolerance : A BJT differential amplifier is biased to have 500uA dc current in each device, β = 100, RC1 = RC2 = 1Kohm, and RE = 3Kohm. Assume ro = ∞. When operating in balanced in, balanced out mode what is the maximum allowable resistor tolerance

Explain the total mass of both components in a decaborane : The best design for rockets is one in which both fuel materials run out at the same time to minimize excess mass. If the total mass of both components in a decaborane/oxygen rocket must be 3.011E+6g, what mass of liquid oxygen should be used

What is the amount a person would have to deposit today : What is the amount a person would have to deposit today to be able to take out $5000 a year for 10 years from an account earning 8 percent annually?

Why does the thevenins technique work only for circuits : Why does the Thevenin's technique work only for circuits with linear elements (or at most a single non-linear resistor). Figure out where the mathematics of the theorem breaks down for non-linear elements and why

Developed the following frequency distribution on the age of : SCCoast, an Internet provider, developed the following frequency distribution on the age of Internet users. Find the mean, median, and the standard deviation.

Estimate the final pressure of the gas : 0.75mol of argon gas is admitted to an evacuated 70cm3 container at 40 degrees C. estimate the final pressure of the gas

Design the simplest circuit that can accomplish the task : Suppose that we want to determine how many of the bits in a six-bit unsigned number are equal to 1 . Design the simplest circuit that can accomplish this task.

User Account

All Pages