Your younger sister jennifer will start collegein

Assignment Help Accounting Basics

Reference no: EM13614726

Your younger sister , Jennifer, will start collegein fiveyears. She has just informed your parents that she wants to go toEaster State University., which will cost $18,000 per year for fouryears (cost assumed to come at the end of each year). AnticipatingJennifer's ambitions, your parents started investing $3,000 peryear five years ago and will continue to do so for five moreyears.

How much more will your parents have to each year for the next five years to have the necessary fundsfor jennifer's education? Use 10 percent as the appropriate interast rate throughout the problem (for discounting orcompounding). Round all values to whole numbers.

Reference no: EM13614726

Questions Cloud

If only one particle is released from rest while the other : four identical particles each with mass m 10-6 kg and charge q 10-6 c are initially at the four corners of a square

The ages and heights of a sample of child smokers were : the ages and heights of a sample of child smokers were taken. the average age was 13.5 years with an sd of 2.3 years.

Heights of men on a baseball team bell-shaped distribution : heights of men on a baseball team bell-shaped distribution wit ha mean of 183 cm and a standard deviation of 6 cm.

What is the maximum distance between centers of mass when : a helium nucleus has radius rhe 1.9 fm mass m 6.6 times 10-27 kg and charge 2e. a gold nucleus has charge 87e and

Your younger sister jennifer will start collegein : your younger sister jennifer will start collegein fiveyears. she has just informed your parents that she wants to go

A calculate the x- y- and z-components of the electric : in a certain region of space the electric potential is vx y z axy - bx5 cy where a b and c are positive constants. a

How much work does it take to move a tiny 350-microc : a ring of diameter 7.00 cm is fixed in place and carries a charge of 5.00 microc uniformly spread over its

Is the lowest cost amount to order considering all : 1. required production during a planning period will depend on theabeginning inventory of productsbsales during the

Heights of men on a baseball team bell-shaped distribution : heights of men on a baseball team bell-shaped distribution wit ha mean of 183 cm and a standard deviation of 6 cm.

User Account

All Pages