1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Eva8 [605]
1 year ago
14

Assume that you will be opening a savings account today by depositing $100,000. The savings account pays 5 percent compound annu

al interest, and this rate is assumed to remain in effect for all future periods. Four years from today you will withdraw R dollars. You will continue to make additional annual withdrawals of R dollars for a while longer – making your last withdrawal at the end of year 9 – to achieve the following pattern of cash flows over time. (Note: Today is time period zero; one year from today is the end of time period 1; etc.) How large must R be to leave you with exactly a zero balance after your final R withdrawal is made at the end of year 9? (Tip: Making use of an annuity table or formula will make your work a lot easier!)
Business
1 answer:
Oksi-84 [34.3K]1 year ago
7 0

Answer:

5000

Explanation:

100,000x5%= 5000

5000x4 years= 20,000x5%= 1000

5000x5=25,000x5%= 1250

1250+ 1000= 2250

R= 1750

5000-2250-1000= 1750

I might be wrong

You might be interested in
A company has a selling price of $1,800 each for its printers. Each printer has a 2 year warranty that covers replacement of def
Afina-wow [57]

Answer:

$90,000

Explanation:

Data given in the question

Selling price = $1,800

Estimated percentage = 2%

Average cost = $150

Number of printers sold = 30,000

Under the warranty, the printer under service = 400

So by considering the above information, the warranty expense is

= Number of printers sold × estimated percentage × average cost per printer

= 30,000 × 2% × $150

= $90,000

8 0
3 years ago
Serious economic problems in Rome included all of the following except a. low taxes c. inflation b. scarce food d. unemployment
scoundrel [369]

Answer:

not sure but the answer many be c and b

Explanation:

6 0
2 years ago
Read 2 more answers
Which of the following statements correctly describes the effects of price​ controls? A. They cause demand disruptions and could
velikii [3]

Answer:

Option a and b

Option C                

Explanation:

A . In simple words, price control refers to the  limits on the rates that can be paid for good and services produced in a marketplace that are set up and imposed by central govt.

The purpose behind these restrictions may derive from the need to preserve the availability of products even through skills shortages, and to further delay inflation, or, instead, to help ensure a guaranteed minimum income as well for manufacturers of such products or to seek to obtain a decent living wage.

B. In simple words, due to printing of new currency the supply of money ion the  market would increase which will lead to inflation in the economy which will further lead to loss in value of the existing money in hand on the individuals.

3 0
3 years ago
John invested $12,000 in the stock of Hyper Cyber. Eight years later, Hyper Cyber's shares reached $125,000, but John held onto
Nata [24]

Answer:

B. $12,000 is a sunk cost

Explanation:

By considering the given information, the cost that is correct is a sunk cost for $12,000

The sunk cost is the cost already incurred and will not be retrieved in the future. Plus, it's also termed a past cost.  

It is a useless cost and it can be avoided also.  

It is that cost that is not considered at the time of decisions making.

So, option B is correct

5 0
3 years ago
Read 2 more answers
Exercise 4-10 (Static) Earnings per share [LO4-5]The Esposito Import Company had 1 million shares of common stock outstanding du
Lelu [443]
Sorry doing this for points
8 0
2 years ago
Other questions:
  • How many total absences can you have in school?
    15·2 answers
  • Rafael earned a salary of 34,944 last year. How much did he earn a month
    13·2 answers
  • A manager receives a forecast for next year. Demand is projected to be 590 units for the first half of the year and 940 units fo
    15·1 answer
  • What happens if you don't pay your insurance premium for your car?
    11·1 answer
  • 6. What do you need to know before you make a speech?
    12·1 answer
  • During the swing era, economically speaking, American labor industries increasingly turned to _______ and ______ to make the eco
    5·1 answer
  • A small business is currently using a paper-based system for billing, which is slow and error-prone. Which system upgrade will m
    10·1 answer
  • Universal Travel Inc. borrowed $509,000 on November 1, 2018, and signed a 12-month note bearing interest at 6%. Interest is paya
    15·1 answer
  • Please help…………………………….
    7·1 answer
  • The growth of industry is related to the growth of immigration in the late 19th century because:
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!