What is the value of the investment at the end

Assignment Help Business Economics
Reference no: EM131097597

Adam invests $2,800 at the beginning of each year for 15 years in a bank account and leave that amount for the next 15 years.The bank offers you a return of 4.5% per annum. What is the value of the investment at the end of 30 years.

Reference no: EM131097597

Questions Cloud

Fixed exchange rate regime : There is a fixed exchange rate regime. Assuming that all accounts are balanced in the balance of payments, a sale of a local enterprise to a foreign buyer will create:
Why is the behavior of an oligopolist so hard to predict : Why is the behavior of an oligopolist so hard to predict? How does it differ from that of a monopolist? Why? Also, If a monopolist has little substantial competition wouldn’t logic dictate that that there would be a portion of the Marginal revenue cu..
Money supply and interest rate related to investment : Was monetary policy (money supply and interest rate related to investment) part of John Maynard Keynes's principles and theories that he advocated? Or did he only contribute to fiscal policy (government spending and tax rates)?
Advances in eradicating extreme hunger and poverty : Why does Dupont Corporation fund this effort which has no direct benefit to its profit margin? WILMINGTON, Del., May 20, 2014 – Today, the DuPont Advisory Committee on Agricultural Innovation & Productivity issued an updated progress reporton the glo..
What is the value of the investment at the end : Adam invests $2,800 at the beginning of each year for 15 years in a bank account and leave that amount for the next 15 years.The bank offers you a return of 4.5% per annum. What is the value of the investment at the end of 30 years.
Product for which consumers normally have inelastic demand : Identify one product for which consumers normally have elastic demand and one product for which consumers normally have inelastic demand.
What are the role of venture capitalists : What are the role of venture capitalists, how are they formed and how do they generate revenue? What impact do venture capitalist play in State Public Employee Pension Fund shortfalls (Specifically in PA)?
Develop a table that identifies top threats to new customer : Develop a table that identifies the top threats to the new customer rewards program at Kudler Fine Foods in preparation for your final report. Include the likely vulnerabilities each threat might exploit.
When firms in perfectly competitive market face : When firms in a perfectly competitive market face the same costs, in the long run they must be operating

Reviews

Write a Review

Business Economics Questions & Answers

  Environmental impact cost

Stan Money maker needs 16 gallons of gas to top off his tank. I he drives an extra 8 mile round trip Stan can save an extra $0.05 a gallon. Suppose gas costs $3.10 per gallon and Stan gets 24mpg. Each mile driven gives off CO2 that has an environment..

  Policy analysts in the department of natural resources

Policy analysts in the Department of Natural Resources have estimated that the marginal benefits from water pollution abatement are given by the function MB ¼ 0.90 À 0.03A, where A is a measure of the abatement intensity. Determine the optimal level ..

  Assume you own the stadium and variable cost per attendant

Your the manager for a college football team. Assume you own the stadium and the variable cost per attendant is $0. You’ve been told by your in-house economist that you should set the price of tickets at $50 to maximize profit. Your football coach is..

  Person received counter conditioning to correct condition

Elucidate how did it manifest itself.  If the person received counter conditioning to correct the condition, Illustrate what were the results

  Retail sales tax fair

Retail sales taxes are used at the state and local level to finance general fund expenditures. In other words, the tax revenue collected via the sales tax is not tied directly tied to benefits received by each taxpayer. Retail sales tax fair?

  How the fed can ensure that nominal interest rates

In fact, nominal interest rates do not change significantly in the fourth quarter of the year, due to deliberate Fed policy. Explain and show graphically how the Fed can ensure that nominal interest rates remain stable around Christmas.

  Negative income elasticity of demand coefficient indicates

A negative income elasticity of demand coefficient indicates that:

  According to the coase theorem

The market demand for a public good such as environmental quality is found as the horizontal sum of all the individual demands for that good. According to the Coase Theorem, assignment of property rights will permit bargaining that leads to an effici..

  What reserve price should the auctioneer set

A reserve price is a minimum price set by the auctioneer. If no bidder is willing to pay the reserve price, the item is unsold at a profit of $0 for the auctioneer. If only one bidder values the item at or above the reserve price, that bidder pays th..

  Is this really inflation explain how

If the price of coffee increases, we get a positive rate of inflation, even if no other price rises. Is this really inflation? Explain.

  What percent of batteries will fail in less than months

The batteries carry a 12-month guarantee. What percent of batteries will fail in less than 12 months?

  Reason why there are economies of scale

Which of the following is NOT a reason why there are economies of scale?

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