User Account

All Pages

What is the implicit annual compound interest rate

Assignment Help Basic Computer Science
Reference no: EM132126465

Need help with the following 2 problems:

1. They offer you a promissory note with a four-year maturity, which will generate $ 3,000 at the end of each of the four years. Its price is $ 10,200. What is the implicit annual compound interest rate that you will receive?

2- Assuming that you will open a savings account with an initial deposit of $ 100,000, this account generates a compound interest rate of 5% per annum, and it is assumed that these interests remain in force in all future periods. Within 4 years, you will withdraw R , and you will continue to make R withdrawals for a longer time (the last withdrawal will be at the end of the ninth year) to have the following pattern of cash flows over time.

  • How much mustRriseso that his balance is exactly zero after the last withdrawalRat the end of the ninth year?

 

Reference no: EM132126465

Questions Cloud

Explain why given would be the case most of the time : According to both PIH and LCH, consumption depends on some measure of average or expected income rather than current income.
What was caterpillar book debt-to-value ratio : What was Caterpillar's book debt-to-value ratio? (Do not round intermediate calculations. Enter your answer as a decimal rounded to 2 decimal places.)
Explain the role of a fusion center in the day-to-day : Explain the role of a fusion center in the day-to-day operations of a large metropolitan police agency.
How can the facts be reconciled : According to the PIH, the ratio of permanent consumption to permanent income is uncorrelated with the level of income. Thus someone earning $5,000,000 per year.
What is the implicit annual compound interest rate : They offer you a promissory note with a four-year maturity, which will generate $ 3,000 at the end of each of the four years. Its price is $ 10,200
Balance sheet and a cash flow system : What does an Income Statement, a Balance Sheet and a Cash Flow System intend to show about a company and how would you use the data contained
Would you expect that rebate to have a relatively larger : In early 1975, the government distributed $8 billion in one-time tax rebates to try to move the economy out of its most severe post-WWII recession.
What would you expect to happen to the personal saving rate : In mid-1968, the government imposed a 10% income tax surcharge on personal and corporate income to pay for the costs of the Vietnam War.
How many different meals are available : How many different meals are available when you select an? appetizer, an? entrée, and a? dessert?A meal can be chosen in ___ ways?

Reviews

Write a Review

Basic Computer Science Questions & Answers

  What is each project npv

Highland Outpatient Center is evaluating two investment projects, each of which requires an up-front expenditure of $1.5 million.

  When dealing with a coupon bond

When dealing with a coupon bond, how is the yield to maturity calculated? Also, What is the difference between a present value and "today's) value?

  Binary equivalent of the ethernet address

What is the hexadecimal (hex) to binary equivalent of the following Ethernet address? What is the equivalent of hex to decimal? Use the http://www.binaryhexconverter.com/ converter for the calculations.

  How is the unix system call read actually invoked

In Unix-like operating systems, there is both a API library function named read(), and asystem call referred to as read in the Unix documentation. However, Unix system calls do notactually have names like a library function does.

  Determine the minimum frame size

Suppose a CSMA/CD network is operating at 100Mbps, and suppose there are NO repeaters and the length of the cable is 1.0 km. Determine the minimum frame size if the signal propagation speed is 200 km/ms.

  What type of relationship is proposed

What factors might you consider in deciding whether to use the experimental or non-experimental method to study the relationship between work stress and family conflict?

  How do you find the dot product of two vertices

How do you find the dot product of two vertices

  Is this parallel algorithm cost-optimal

Is this parallel algorithm cost-optimal?

  Give an example of fault base testing technique

1. Give an example of fault base testing technique. 2. What is the name of Changes made to an information system to add the desired but not necessarily the required features.

  What does one expect to win or lose per game on average

Imagine playing this game forever. What does one expect to win or lose per game on average?

  Calculate the maximum heat flux attainable in nucleate

Calculate the maximum heat flux attainable in nucleate boiling with saturated water at 2 atm pressure in a gravitational field equivalent to one-tenth that of the earth.

  E-health integrated in what dnps

What is e-health, and is e-health integrated in what DNPs ( Doctor of nurse practitioner) does as leaders?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd