A fund of $165 000 is to be accumulated in 6 years by making equal payments at
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
FV n due 165 00000 i 0625 n 72 165 00000 PMT 10062590578789 PMT 181030 Balance aft...View the full answer
Answered By
Moses mwangi
With prior writing experience, be sure that I will give a great grade, If not an A+, it will be something close to this. My reviews speaks it all, Try me!!
4.80+
78+ Reviews
157+ Question Solved
Related Book For
Contemporary Business Mathematics with Canadian Applications
ISBN: 978-0133052312
10th edition
Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs
Question Posted:
Students also viewed these Finance questions
-
The partnerships of Up & Down and Back & Forth started in business on July 1, 2005; each partnership owns one retail appliance store. It was agreed as of June 30, 2008, to combine the partnerships to...
-
The following events occurred as part of the operations of Craig State University, a public university: 1. To construct a new computer complex, the university floated at par a $22,000,000, 7% serial...
-
The information below relates to the construction of a new recreation building in the City of Lander. Lander's fiscal year ends on June 30. Fiscal 2013 transactions 1. A bond issue in the amount of $...
-
Modesto Trading Berhad has recently appointed Messrs. Suresh Kumar & Co., Chartered Accountants, to audit the companys financial statements for the year ended 30 June 2021. You are assigned by...
-
A multinomial experiment produced the following results: At the 1% significance level, can we reject H0: p1 = 0.30, p2 = 0.20 and p3 =0.50? Category Frequency 128 87 185
-
A 2 . 4 kg block of ice at - 3 4 . 6 oC is immersed in 4 . 3 kg of liquid water at 1 0 oC . The latent temperature of fusion of water is 3 3 3 . 6 J / g . The specific heat of water is 4 1 9 0 J / (...
-
Water from a garden hose is sprayed against your car to rinse dirt from it. Estimate the force that the water exerts on the car. List all assumptions and show calculations.
-
The following events occurred for Johnson Company: a. Received investment of $40,000 cash by organizers and distributed 1,000 shares of $1 par value common stock to them. b. Purchased $15,000 of...
-
The wheels of a skateboard roll without slipping as it accelerates at 0.45 m/s down an 80-m-long hill. Part A If the skateboarder travels at 1.5 m/s at the top of the hill, what is the average...
-
Consider the following 0x86 program: .data array DWORD 1,2,3,4,5,6,7,8,9 aravSize -(S-array)/4 ; array .code main PROC mov ecx,arraySize-1 mov esi.OFFSET array L1: mov eax. [esi] sda mov bx,2 idiv bx...
-
Cottingham Pies made semi-annual payments into a sinking fund for 10 years. If the fund had a balance of $100 000 after 10 years and interest is 11% compounded semi-annually, what was the accumulated...
-
Gillian Armes invested $10 000 in an income fund at 13% compounded semi- annually for 20 years. After 20 years, she is to receive semi-annual payments of $10 000 at the end of every 6-month period...
-
A process has the transfer function y = [0 l]x + [0]. Determine the state variable feedback gains t achieve a settling time (with a 2% criterion) of 1 second and an overshoot of about 10%. Also...
-
Balance Sheet after Business Acquisition Wilson Corporation acquires Greatbatch Company for $60 million cash in a merger. The balance sheets of both companies at the date of acquisition are as...
-
Convey your progress and/or barriers that have had an impact on your progress. This week we focus on your population and sample in your dissertation. Be sure to use references and citations...
-
Windsor Construction Company began work on a $404,000 construction contract in 2020. During 2020, Windsor incurred costs of $273,000, billed its customer for $232,000, and collected $182,000. At...
-
Skysong Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the transactions. (If no entry is required, select "No entry" for the account...
-
THE FOLLOWING INFORMATION WAS OBTAINED FROM THE BOOKS OF CXY COMPANY I. AUTHORIZED SHARE CAPITAL $650000 II.$400,000 $1 ORDINARY SHARES FULLY PAID III.$100,000 AT 8% PREFERENCE SHARES FULLY PAID...
-
An airplane consumes 36.0 gal of gasoline in flying 425 mi. Under similar conditions, how far can it fly on 52.5 gal?
-
A line l passes through the points with coordinates (0, 5) and (6, 7). a. Find the gradient of the line. b. Find an equation of the line in the form ax + by + c = 0.
-
Cost. Referring to Problem 61, compute the increase in cost going from a production level of 0 bikes per month to 600 bikes per month. Set up a definite integral and evaluate it.
-
Maintenance costs for an apartment house generally increase as the building gets older. From past records, the rate of increase in maintenance costs (in dollars per year) for a particular apartment...
-
Refer to Problem 65. (A) Find a cubic regression equation for the data, and graph it and the data set in the same viewing window. (B) Use the regression equation and a numerical integration routine...
-
Write a program to create a file named "MyFile.txt". Store the following information in the file. Name Mlido Zodwa Phumla Tom Surname Samsons Bardwell Harrison Mpisane ITS Number 402106372 402103053...
-
of estion 2.1 Write a C++ program that calculates a customer's bill for a local cable company. The cable company has two types of customers: residential and business with different rates allocated...
-
Use Sobel mask and find horizontal and vertical gradient outputs for the given 5x5 image matrix which is coded 4-bit/pixel. (Don't use padding operation, obtain your output matrix as 3x3 image size!)...
Study smarter with the SolutionInn App