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dangina [55]
3 years ago
10

Suppose that on your 21st birthday you are given a $1,000,000 trust fund. If you can earn 4% in annual compound interest, how mu

ch money can you withdraw each year to ensure that if there is money in the account forever
Engineering
1 answer:
Elodia [21]3 years ago
8 0

Answer:

annual payment  =  $40000

Explanation:

given data

annual compound interest = 4%

fund value = $1,000,000

to find out

annual payment

solution

we get here annual payment  that is express as

annual payment  = fund value × annual compound interest  ..................1

put here value we get

annual payment  =  4%  × $1,000,000

annual payment  = 0.04 × $1,000,000  

annual payment  =  $40000

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Answer:

Work = - 4175.23 J

Heat Transfer = -4175.23 J

Explanation:

The work done in an isothermal process, is given by the following formula:

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R = Universal Gas Constant = 8.314 J/mol.k

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W = (8.314 J/mol.K)(300 k) ln (150/800)

<u>W = - 4175.23 J</u>

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In isothermal process, from 1st law of thermodynamics:

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3 years ago
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  Tech B

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Tech B is correct.

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Explanation:

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