What deposit today is required for it to be worth $150,000 in 25 years if the deposit

Question:

What deposit today is required for it to be worth $150,000 in 25 years if the deposit earns 5 percent annual compound interest?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

See More Books

Question Posted: Mar 26, 2024 01:02 AM

See More Questions

Find the present value of $40,000 due in 4 years at the given rate of interest 8%/year compounded monthly. A. The present value is $28,948.67. B. The present value is $29,433.94. C. The present value...
THE SHOPPES AT RIVERSIDE Fonda L. Carter, Columbus State University Kirk Heriot, Columbus State University CASE DESCRIPTION This case asks the students to recommend a decision to a group of...
1- What drove the need for the PMO in this organization? How did the PMO address key issues? 2- What were the opportunities that the organization accomplished? What opportunities were similar to your...
Describe some practical examples of the single-resource sequencing problem.
At the beginning of 2016, the Healthy Life Food Company purchased equipment for $42 million to be used in the manufacture of a new line of gourmet frozen foods. The equipment was estimated to have a...
The distribution system for the Herman Company consists of three plants, two warehouses, and four customers. Plant capacities and shipping costs per unit (in $) from each plant to each warehouse are...
Calculate the energy density versus temperature very early in the universe when the temperatures were above $k T=300 \mathrm{MeV}$. At those temperatures, quarks and gluons were released from...
1. Describe Samsung as a conglomerate. What type of diversification does Samsung pursue? 0Identify possible factors such as core competencies, economies of scale, and economies of scope that might...
Problem 1: JIT Setup Cost and Time Suppose that Roger, a production manager, is trying to run JIT. The product Annual Demand is 300,000 units, with 250 working days in a year, which means daily...
On August 1, 1958, first-class postage for a 1-ounce envelope was 4. On August 1, 2007, a first-class stamp for the same envelope cost 41. What was the annual compound increase in the cost of...
How much will a $25,000 investment today be worth in 10 years if it earns 7 percent annual compound interest?
What is the sensitivity using this cut-point? Genetics, Obstetrics Precise quantification of smoking during pregnancy is difficult in retrospective studies. Routinely collected blood specimens from...
Sopra Company is a closely-held corporation. Tony owns 60%, Carmella owns 20% and Meadow owns 20%, and all are related. Sopra Company has very large E&P. It was audited this year by the IRS and...
As a firm grows larger, ________-. a) economies of scale set in, then diseconomies of scale b) diseconomies of scale set in, then economies of scale c) economies of scale and diseconomies of scale...
The transcontinental railroads completed in the 1860s, 1870s, and 1880s all bypassed the ____. a) Northeast b) Midwest c) South d) mountain states e) Far West
There was a major tax cut in _____. a) both 1964 and 1981 b) neither 1964 nor 1981 c) 1964, but not in 1981 d) 1981, but not 1964
Each of the following is an example of capital except _____. a) land b) an office building c) a computer system d) a factory
Consider a device with one inlet and one outlet. If the volume flow rates at the inlet and at the outlet are the same, is the flow through this device necessarily steady? Why?
You work as an operations consultant for a textile company. Your client has a well-established distribution system in the US market. The company has hundreds of stores and four distribution centers....
1) How many milligrams would a 118 pound and 12-ounceRottweiler-Pit mix weigh? 2) Lets say the dog ate some cat poop in the yard and now needsan antiparasitic prophylactic. The solution strength on...
1. A software process picks a random number between 1 and 30. What is the probability that two odd numbers are picked in a row if numbers cannot be repeated? 2. A software process picks a random...
Would 80 lbs of water take up 0.6 cubicfeet? Actually, lets find out! A gallon of waterweighs about 8.35 lbs. A gallon is about 0.1337 cubicfeet. How many cubic feet would 80 lbs of water take up?...

What deposit today is required for it to be worth $150,000 in 25 years if the deposit

Question:

Step by Step Answer:

To calculate the amount of the deposit required today for it ...View the full answer

Principles Of Engineering Economic Analysis

Students also viewed these Business questions