How much does your dad have to deposit semi-annually to accumulate to $113 200.00 after nine and

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

Question:

How much does your dad have to deposit semi-annually to accumulate to $113 200.00 after nine and a half years at 6.5% compounded semi-annually?

options:

$2136.88

$8549.22

$3649.61

$4499.82

$4399.86

Related Book For answer-question

Engineering Economy

ISBN: 978-0132554909

15th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

See More Books

Posted Date: Feb 05, 2024 12:14 PM

See More Questions

How do the actual sample results in Problems 6.48 and 6.49 compare? Obstetrics Figure 6.4b (p. 172) plotted the sampling distribution of the mean from 200 samples of size 5 from the population of...
Refer to Table 23.2 in the text to answer this question. Suppose you purchase the June 2014 call option on com futures with a strike price of $5.05. Assume you purchased the future at the last price....
Her Passion for Fashion Bobbi Jean Donnelly was hardened by her humble beginnings in rural Mississippi. The fourth of six children in a blue-collar working-class family, she spent the early years of...
Establishing causality is difficult, whether conclusions have been derived inductively or deductively. (a) Explain and elaborate on the implications of this statement. (b) Why is ascribing causality...
Calculate the Gross Debt Service (GDS) and the Total Debt Service (TDS) ratios for the following data. (Obj. 3) Monthly mortgage payment = $2100 Property taxes = $200 Heating costs = $115 Other...
Krispy Kreme operates and franchises a worldwide chain of quick- service drive- in doughnut stores. Customers drive up to a parking space and order doughnuts through an intercom speaker system. The...
Briefly describe supporting Schedules 1, 2, and 3 for Form 1040.
Breeze Toothpaste Company has been having a problem with some of the tubes of toothpaste leaking. The tubes are packed in containers with 100 tubes each. Ten containers of toothpaste have been...
Return on Investment (ROI) with the following information Current stock price: $45/share Original purchase price: $38/share Dividends received during the year: $2/share Discount brokerage fee: $9...
An entrepreneur owns six corporations, each with more than $10 million in assets. The entrepreneur consults the U.S. Internal Revenue Data Book and discovers that the IRS audits 15.3% of businesses...
Use Lagrange quadratic polynomial to estimate the value of y at x = 1.5 from the data points (0, -1),(1, -1),(2, 7).
Hocus Garth Company has a beginning direct materials inventory balance of $2,000. For the next month, the company has predicted that it will use $9,000 worth of direct materials. It has also budgeted...
The supply capacities at each origin (factory) and demand at each destination (warehouse) are shown and the cost information is given as follows. Cost Information: WAREHOUSE FACTORY 1 2 3 4 SUPPLY 1...
In cost-reimbursement contracts, what costs are paid by the project?
Describe the ways in which the budget office's influence can be made to extend beyond just making sure funds are expended as budgeted. Do you think these functions are appropriately located in the...
Jennifer is required to take a $30,000 minimum distribution from her traditional IRA but decided only to take a distribution of $20,000. For what penalty tax, if any, is she liable?
What can you do as a manager to encourage Group cohesiveness?
From 1970 to 1990, Sri Lanka's population grew by approximately 2.2 million persons every five years. The population in 1970 was 12.2 million people.What is the best formula for P, Sri Lanka's...
In Problem 10-4, what is the benefit-cost ratio of the project if the general inflation rate is 4% per year and the market value is negligible? The market interest rate (im) is 18% per year, and the...
A company in the process industry produces a chemical compound that is sold to manufacturers for use in the production of certain plastic products. The plant that produces the compound employs...
A nonprofit government corporation is considering two alternatives for generating | power: Alternative A. Build a coal-powered generating [facility at a cost of $20,000,000. Annual power sales are...
Explain how the control variate technique is implemented.
Suppose that in September 2013 a company takes a long position in a contract on May 2014 crude oil futures. It closes out its position in March 2014. The futures price (per barrel) is $$88.30$ when...
Use the technique discussed in Section9.4 to develop a GEE approach for zeroinflated Poisson model for count responses in longitudinal studies. Section9.4: 9.4 Marginal Models for Longitudinal Data...

How much does your dad have to deposit semi-annually to accumulate to $113 200.00 after nine and

Question:

Expert Answer:

The detailed answer for the above question is provided ... View the full answer

Engineering Economy

Students also viewed these accounting questions