User Account

All Pages

Which will exactly exhaust the fund on her 79th birthday

Assignment Help Finance Basics
Reference no: EM132455538

Every 2 years Mrs Taliga deposits $200 into a fund that pays interest at j2 = 4%. The first deposit is on her 53rd birthday and the last deposit is on her 65th birthday. Beginning 3 months after her 65th birthday and counting every 3 months thereafter, she withdraws equal amounts of $A, which will exactly exhaust the fund on her 79th birthday. Determine $A.

Reference no: EM132455538

Questions Cloud

Management of acm corporation : The management of ACM Corporation is evaluating a change in the capital structure of the firm to benefit from the effects of financial leverage.
Comparing categories and distributions of quantities values : Categorical: Comparing categories and distributions of quantities values. Hierarchical: Charting part-to-whole relationships and hierarchies.
Analysis of past monthly movements in ibm : Problem: Analysis of past monthly movements in IBM's stock price produces the following estimates
Create national security culture : what would you do to help create a national "security culture," in which everyone is more knowledgeable and proactive about threats to information security?
Which will exactly exhaust the fund on her 79th birthday : Every 2 years Mrs Taliga deposits $200 into a fund that pays interest at j2 = 4%. The first deposit is on her 53rd birthday and the last deposit is on her 65th
How do you determine whether organization is ethical or not : How do you determine whether an organization is ethical or not? What would you change about the organization to make it better, without sacrificing ethical.
Telecommuting and mobile work arrangements : Given the growth in telecommuting and other mobile work arrangements, how might offices physically change in the coming years?
Issues and root causes that necessitates the enactment : What are the issues and root causes that necessitates the enactment and/or establishment of Federal, state and local government laws,
Describe one technique for each type of learning : Discuss techniques for combining multiple anomaly detection techniques to improve the identification of anomalous objects. Consider both supervised.

Reviews

Write a Review

Finance Basics Questions & Answers

  Years and then start your own business

After graduation, you plan to work for Ithaca Corp for 10 years and then start your own business. You expect to save $5,000 a year for the first 5 years

  What was net annual rate of return to the nearest point

The gross annual return on the fund's shares was 9%. What was your net annual rate of return to the nearest basis point? 6.25% 4.52% 3.33% 4.64% 7.64%

  A company purchased 25000 worth of inventory the terms of

a company purchased 25000 worth of inventory. the terms of sale were 25 net 45. whats the implicit interest if a buyer

  Development of key skills and behavior by individual

Develop a list of 5 key skills or behaviors you will be working to improve. Tell me why you chose these skills. What is your current skill level in these areas?

  What must the beta be for the other stock

You own a portfolio equally invested in a risk-free asset and two stocks. If one of the stocks has a beta of 1.14 and the total portfolio is equally as risky as the market, what must the beta be for the other stock in your portfolio?

  Multilateral and bilateral trade agreements

Describe how GATT evolved into the WTO. What are the major differences between these agreements?- What are the differences between multilateral and bilateral trade agreements?

  What was lance? murdock rate of? return

What was Lance? Murdock's rate of? return, that? is, the value of i?? Enter a negative percentage for a loss.

  Select one of the laws listed below and explain how it has

legal aspects of staffing- dq 1select one of the laws listed below and explain how it has changed the staffing

  Prepare a monthly operating budget for the dmv

Prepare a monthly operating budget for the DMV for the fiscal year ending August 31. Determine the operating surplus and deficit for each month and for the year as a whole

  Period of supernormal growth

Now assume that TTC's period of supernormal growth is to last another 5 years rather than 2 years. How would this affect its price, dividend yield, and capital gains yield? Answer in words only.

  Most common difficult to manage challenges in projects

Identify two of the most common difficult to manage challenges in projects and suggest how effective project management can address them.

  What the difference between extrinsic and intrinsic rewards

Name some laws and regulations that affect the employee management process. Which do you believe are the easiest for retailers to adhere to?

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