Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics


Home >> Microeconomics

Question: Melinda Gibbs would like for her descendants to be able draw $40,000 every year for ever starting 30 years from now. She has found a mutual fund that will provide her a guaranteed 10% return forever. She will make ten equal deposits starting today. How much must each of the ten uniform deposits be?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92599006

Have any Question?


Related Questions in Microeconomics

Question say alcohol is strictly illegal in your dorm and

Question: Say alcohol is strictly illegal in your dorm and any student caught supplying or drinking it faces automatic expulsion from school. As you might expect, some students will not be deterred by the threat. It is, ...

Question at your favorite bond store you see the following

Question: At your favorite bond store, you see the following prices: • 1-year $100 zero selling for $90.19 • 3-year 10% coupon $1000 par bond selling for $1000 • 2-year 10% coupon $1000 par bond selling for $1000 Assume ...

Question in an effort to reduce energy costs a major

Question: In an effort to reduce energy costs, a major university has installed more efficient lights as well as automatic sensors that turn the lights off when no movement is present in a room. Historically, the cost of ...

Question the export-import bank helps boeing by providing

Question: The Export-Import Bank helps Boeing by providing various subsides on aircraft sold to foreign countries. Boeing says it needs this help to offset subsidies given to Airbus Industrie by European governments, and ...

Question use the following taylor rule to calculate what

Question: Use the following Taylor rule to calculate what would happen to the real interest rate if inflation increased by 7 percentage points. Target federal funds rate = 2 + Current inflation + 1/2 (Inflation gap) + 1/ ...

Question to ensure safety and efficacy the food and drug

Question: To ensure safety and efficacy, the Food and Drug Administration regulates the medicines that are allowed to be sold in the United States. Sometimes this means a drug must be tested for years before it is allowe ...

Question a define crisis management what should a company

Question: a. Define crisis management. What should a company facing a crisis do to satisfy its stakeholders and protect its reputation? b. Describe the process of developing stakeholder relationships. What parts of the p ...

For example utilizing coke-colanbspthe following could

For example, utilizing Coke-Cola the following could cause a decrease in demand. 1. People decide that they like Coke less than before maybe because they like water more. 2. There is a decrease in the number of buyers of ...

Question do you think it is possible for government to

Question: Do you think it is possible for government to outlaw everything that businesses could do wrong? If so, why does government not do that? If not, how can regulation stay ahead of rogue businesses that push the li ...

Qestion marty mcflys utility function is given by ul c

Question: Marty McFly's utility function is given by U(L, C) = C(L+8). There are 24 hour in a day. His wage is $10/hr. and he has $20 non-labor income. a. Find the budget constraint and then the optimal number of hours h ...

  • 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

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved