Quarterly deposits of 1000 are made at t123456 and 7 then, Ask an Expert

Economics

Quarterly deposits of $1,000 are made at t=1,2,3,4,5,6, and 7. Then, withdrawls of size A are made at t=12,13,14, and 15. If the fund pays interest at a quarterly compunding rate of 4%, what value of A will deplete the fund with the fourth withdrawl?

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91956334

Have any Question?Write your Review or question?

Related Questions in Business Economics

How can local the local government help prepare employees

How can local the local government help prepare employees for higher level positions in the organization.

In australia the overall five-year survival rate for breast

In Australia, the overall five-year survival rate for breast cancer in females is 90%. A random sample of 420 breast cancer patients in a rural region was randomly selected and followed up after 5 years. The results show ...

By chance does any know what percentage of the world gdp

By chance does any know What percentage of the world GDP has the Global 500 contributed most recently?

In 15 experiments studying the electrical behavior of

In 15 experiments studying the electrical behavior of single cells, 11 use microelectrodes made of metal and the other 4 use microelectrodes made from glass tubing. If two of the experiments are to be terminated for fina ...

Youve entered a contract to purchase a new house and the

You've entered a contract to purchase a new house, and the closing is scheduled for next week. It's typical for some last-minute bargaining to occur at the closing table, where sellers often try to tack on extra fees. Yo ...

A soda vendor at aloha stadium noticed that during rainbow

A soda vendor at Aloha Stadium noticed that during Rainbow Warrior football games that more soda is being served the warmer the temperature during game time. Based on 40 home games covering the past 5 years, the vendor e ...

What is the role of local government leadership in assuring

What is the role of local government leadership in assuring that departments and divisions work together to achieve municipal goals and objectives?

With smaller companies saving thousands and larger

With smaller companies saving thousands and larger companies saving billions through flexible manufacturing, if you are a discrete parts manufacturer seeking to be more lean, it is important to consider whether this migh ...

Trans-pacific partnership tppwhat iswas tpp and how was it

Trans-Pacific Partnership (TPP) What is/was TPP and how was it created? Provide a credible citation. What are the economic implications? Provide a credible citation.

Suppose oregon proposes indexing the minimum wage to

Suppose Oregon proposes indexing the minimum wage to inflation. Describe the substitution and scale effects you anticipate with this policy? (In your response, assume that the minimum wage is an effective price floor and ...

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

Recent Questions

Ask Business Economics Expert