Find the amount of each ordinary annuity. (Interest is compounded annually.) R = $80,000, i = 0.07,
Question:
Find the amount of each ordinary annuity. (Interest is compounded annually.)
R = $80,000, i = 0.07, n = 24
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
The amount is 4654133...View the full answer
Answered By
Sumit kumar
Education details:
QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
GNIOT Greater Noida
TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida
CERTIFICATION
Summer Training in ‘WIRELESS EMBEDDED SYSTEM’ from ‘XIONEE’ for the six weeks.
EMBEDDED SYSTEM Certificate issued by CETPA INFOTECH for one day workshop.
Certificate of Faculty development program on OPTICAL COMMUNICATION and NETWORKS for one week.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Find the amount of each ordinary annuity. (Interest is compounded annually.) R = $13,400, i = 0.045, n = 25
-
Find the amount of each ordinary annuity. (Interest is compounded annually.) R = $11,500, i = 0.055, n = 30
-
Find the amount of each ordinary annuity. (Interest is compounded annually.) R = $9000, i = 0.06, n = 18
-
Do you agree or not? Specialization of labor and better use of capital goods can initially generate increasing marginal output (returns) for a firm in the production of a good.
-
The trial balance follows of the Masters Golf Club, Inc. as at December 31. The books are closed annually on December 31. Instructions (a) Enter the balances in ledger accounts. Allow five lines for...
-
The unadjusted trial balance of Imagine Ltd., a private company following ASPE, at December 31, 2020 is as follows: Additional information: 1. On November 1, 2020, Imagine received $10,200 rent from...
-
According to an article in the Wall Street Journal, in 2022, the Walt Disney Company hired 50 people for a new division of the company to develop metaverse strategiesfinding ways to tell interactive...
-
Mr. Parks has asked you to advise him on the long-term debt-paying ability of Arodex Company. He provides you with the following ratios: Required a. Give the implications and the limitations of each...
-
what happens when ou use an aggregation function in a calculated column?
-
Handy Howard's Incorporated, is a student co-op. Handy Howard uses a perpetual Inventory system, The following transactions (summarized) have been selected for analysis: a. Sold merchandise for cash...
-
Use Newtons method to find a solution for each equation in the given intervals. Find all solutions to the nearest hundredth. -x 3 + 4x 2 - 5x + 4 = 0; [2, 3]
-
List the first n terms of the geometric sequence satisfying the following conditions. a 1 = 2/3, r = 6, n = 3
-
Exercises 18 and 20 give summaries and displays for two potential sites for a wind turbine. Test an appropriate hypothesis to see if there is evidence that either of these sites has a higher average...
-
What are shadow prices? Please describe the main caveats in their estimation. Under which conditions, shadow prices can be computed as Lagrange multipliers of a constrained planning problem?
-
Consider a conversion factor for labour equal to 0.8. What is the interpretation of such conversion factor? How can it be practically used in a Cost-Benefit Analysis?
-
Simplify each expression in Problems 1-5. 8 ! -3 !
-
What are the properties of the following utility function Why in welfare economics does the assumption that individuals have a decreasing marginal utility of income is often too strong and...
-
What is the difference between empirical and theoretical probabilities?
-
In considering the case above, where does Valley Medical Center have strengths? Where do they have challenges?
-
Provide a draft/outline of legal research involving an indigenous Canadian woman charged with assault causing bodily harm under (Sec 267b) of the Criminal Code, where the crown wants a 12-month jail...
-
Answer Problem 4.15 for a mixed suburban/rural hospital (hospital E). Infectious Disease Newborns were screened for human immunodeficiency virus (HIV) or acquired immunodeficiency syndrome (AIDS) in...
-
Answer Problem 4.16 for a mixed suburban/rural hospital (hospital E). Infectious Disease Newborns were screened for human immunodeficiency virus (HIV) or acquired immunodeficiency syndrome (AIDS) in...
-
Suppose 10 gonorrhea cases are reported over a 3-month period among 10,000 people living in an urban county. The statewide incidence of gonorrhea is 50 per 100,000 over a 3-month period. Is the...
-
Why would certain activities be deemed ultrahazardous or abnormally dangerous so that strict liability is imposed?
-
Taco Bell took a major hit when it was reported that the meat they used was filled with bi - products and fillers. Do you think that they have redeemed their reputation by having fresh ingredients...
-
If a trespass to property permanently deprives the property holder of the use of their property, what tort has been committed?
Study smarter with the SolutionInn App