Question 1 if pound525 is invested in a deposit account, Ask an Expert

Economics

Question: 1. If £525 is invested in a deposit account that pays 6% interest for 6 years, what will the final sum be?

2. What will £24,000 invested at 11% be worth at the end of 5 years?

3. Interest rates are expected to be 10% for the next 3 years and then to fall to 8% for the following 3 years. How much will an investment of £3,000 be worth at the end of 6 years?

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M92290829

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question assume that in long-run equilibrium the minimum

Question: Assume that in long-run equilibrium the minimum point of the LRAC curve for a table manufacturer's tables in $200 per table. Under conditions of monopolistic competition, will the long-run price of a table be a ...

Question using the mid-point formula found on page 116

Question: Using the mid-point formula found on page 116, determine whether the following goods are elastic, inelastic or unit elastic: Price quantity demanded $12 50 $10 70 $8 80 $6 95 1. price goes from 12 to 10 2. pric ...

Question write in paragraph form1 which country was able to

Question: Write in paragraph form 1. Which country was able to stop privatization and how did they do it? 2. From this film whose interest do you think the World Bank and the IMF represent? 3. Give 3 examples of how priv ...

Question some crops have flowers that are rich in nectar

Question: Some crops have flowers that are rich in nectar, but pollination by bees has only a small effect on their yields. Construct an example to show that in this case the beekeeper will probably pay for the right to ...

Question assume that a competitive economy can be described

Question: Assume that a competitive economy can be described by a constant returns to scale (Cobb-Douglas) production function and all factors of production are fully employed. Holding other factors constant, including t ...

Question discuss how the following changes would affect the

Question: Discuss how the following changes would affect the natural (or frictional) rate of unemployment: a) Elimination of unions. b) increased participation of teenagers in the labor market. c) larger fluctuations in ...

Question few years ago delta airlines and northwest

Question: Few years ago, Delta Airlines and Northwest Airlines merged together and created the largest airlines in the world. The logic was to be more efficient and improve profitability. Briefly explain how the merger c ...

Question what are the highest and lowest payments from the

Question: What are the highest and lowest payments from the writer that the beekeeper- farmer team will accept for the sixth day? Assuming that the farmer can dispose of $7 from the writer as she wishes, what range of pa ...

Question a student makes the following argument a price

Question: A student makes the following argument: A price floor reduces the amount of a product that consumers buy because it keeps the price above the competitive market equilibrium. A price ceiling, though, increases t ...

Question professor xavier is creating a budget for his

Question: Professor Xavier is creating a budget for his recently awarded 9-year research grant. His research requires machinery that has an initial cost of $49993. He will need to pay for maintenance on the machinery beg ...

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 Microeconomics Expert