User Account

All Pages

What lump-sum payment must i place in the fund

Assignment Help Basic Statistics
Reference no: EM132100125

If I need $22,000 in four years, $23,900 in five years, $25,400 in six years, and $26,400 in seven years. If I can put money into a fund that pays 6% interest, what lump-sum payment must I place in the fund today to meet my college funding goals?

Reference no: EM132100125

Questions Cloud

What is the camel rating analysis : What is the camel rating analysis of bank of america and the risks?
What is the ip address of your default gateway : Select an HTTP packet. List its source and destination IP addresses as well as source and destination Ethernet addresses.
Describe the strengths and weaknesses of model : Describe the strengths and weaknesses of each model. Give your recommendation of which model would be best suited for a group of accountants and WHY?
What is the sequence of peers this query : In which peer a record with hash number 4012 is stored? How about hash number 2001?
What lump-sum payment must i place in the fund : If I can put money into a fund that pays 6% interest, what lump-sum payment must I place in the fund today to meet my college funding goals?
Annum with monthly compounding : Kristy has to make rental payments of $1,000 at the start of every month, throughout the fouryear duration of her university course. Her university fees
Describe the duration gap for interest rate risk measurement : Describe the duration gap for interest rate risk measurement? Why duration a good approximation for interest rate risk?
State the null and alternative hypotheses : If I wondered whether the mean rate of return of? financial, energy, and utility stocks differed over the past 5 years. I obtained a simple random sample
Null? hypothesis and the alternative hypothesis : What formula would I use to compute the following problem if the first significant digit in any number must be? 1, 2,?3, 4,? 5, 6,? 7, 8, or 9.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Person subcommittee be selected from a committee

?(A) How many ways can a 2?-person subcommittee be selected from a committee of 7 ?people?

  What is the probability that a man in the us is a smoker

According to the CDC (Centers for Disease Control and Prevention), men who smoke are 23 times more likely to develop lung cancer than men who don't smoke.

  Find confidence interval for true proportion of au pairs

Find a 95% confidence interval for the true proportion of au pairs in Canada that come from North America.- Is there any evidence to suggest that the two true proportions are different? Justify your answer.

  Does this auction resemble any selling mechanism

Compare the expected revenue generated by this auction with the expected revenue generated by a second-price auction with reserve price

  The gain and phase margins of the regulator

An integrated circuit is available to serve as a feedback system to regulate the output voltage of a power supply. The Bode diagram of the required loop transfer function Gc(jω)G(jω) is shown in Figure E9.3 Estimate the gain and phase margins of th..

  What is prob. that first person polled favors a

Presume a second independent poll of 1000 voters (800 from community 1 and 200 from 2). What is prob. A is predicted the winner by one poll and B is predicted the winner by the other?

  Question on rao-blackwell theorem

Find an unbiased estimator of mp(1 - p)/n. Find the optimal estimator using the Rao-Blackwell Theorem.

  Two accounting professors decided to compare the variance

two accounting professors decided to compare the variance of their grading procedures. to accomplish this they each

  Estimate the cost of a missile engine

A coworker is considering the use of a log linear (power) model using weight to estimate the cost of a missile engine. They have performed the following calculations in log space using natural logarithms.

  Find the value for the percent of penn state students that

question refer to the article entitled 21st birthday from the penn state pulse january 2001. located in the library

  Developing a vision-mission-goals and objectives

1. Developing a vision, mission, goals and objectives, etc. are all important parts of making a strategic plan.

  Construction of frequency distribution table

Construction of frequency distribution table for the given continuous data.

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