Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

A successful man make a donation to his Sister for building a new store and upgrading shops, as well as for establishing a store fund. The donation is planned to be spent as follows: $200,000 each year for the first three years, $250,000 each year for the years 4 through 9, and then $300,000 a year indefinitely. If the store places the money into a trust account that pays 10% annually how much money should the man give now?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91239619

Have any Question?


Related Questions in Microeconomics

Question - read the article to answer the following

Question - Read the article to answer the following questions: Article - Insight: Komen charity under microscope for funding, science by Sharon Begley and Janet Roberts. 1. What are some of the positives about how the Su ...

Question the demand for boobles can be written as q 11000

Question: The demand for boobles can be written as: Q = 11,000 - 8P. 1. Calculate the price, quantity, total revenue and marginal revenue when the elasticity of demand = -2.2. 2. Calculate the price, quantity, total reve ...

Question suppose the government decided to levy the current

Question: Suppose the government decided to levy the current 15.3% social security tax on all levels of wages and salaries, not just the first $80,000, and used all the money collected to pay for prescription drug benefi ...

Question in the early stages of recovery the sampp 500 and

Question: In the early stages of recovery, the S&P 500 and other broad-based stock market indexes generally rose at least 25%. Yet in the months of the first three quarters of 2002, these indexes dropped over 30%. Why di ...

Question suppose coffee f and cream c are perfect

Question: Suppose coffee (F) and cream (C) are perfect, two-for-one complements and Jack spends his budget of $12 per day on these two goods. That is, assume that Jack likes one ounce of cream for every two ounces of cof ...

Question suppose that there is an urgent need for new

Question: Suppose that there is an urgent need for new school buildings and teachers that emerged after hurricane Harvey in Houston, Texas. Answer the following questions about grants. a. Explain why a block grant, in co ...

Question in the movie the day of the jackal the 1973

Question: In the movie "The Day of the Jackal" (the 1973 version, not the remake with Bruce Willis), an assassin who was looking to perform a killing that also would signal his "retirement" as a contract killer hires som ...

Question a the endowment effect creates a problem for doing

Question: a. The endowment effect creates a problem for doing incentivized experiments in economics, especially if the experimenter wants to study risks that involve losses. Describe the problem and suggest a solution. b ...

Question risk management covers many areas of an

Question: Risk management covers many areas of an organization's operations. Describe a minimum of two elements of risk management and (1) evaluate if those elements are present in your organization's risk management pro ...

Question trade has income distribution effects for example

Question: Trade has income distribution effects. For example, suppose that because of a government-negotiated reduction in trade barriers, trade between Germany and the Czech Republic increases. Germany sells house paint ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As