subject
Mathematics, 12.02.2020 03:53 jake7484

An amount of 1000 is paid into a fund that earns an effective rate of 6%; at the end of each year, the interest plus an additional 100 is withdrawn from the fund. At the end of year 10, the fund is depleted. The annual withdrawals of interest and principal are deposited into fund Y, which earns an effective rate of 9%. What is the accumulated value of the Fund Y at the end of year 10?

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 13:00, Kennedy3449
1. what are the missing reasons in the proof 2. it's in the second picture and 3
Answers: 1
image
Mathematics, 21.06.2019 18:30, santiagobermeo32
What is the value of x in the following equation? -3x-2=2x+8
Answers: 1
image
Mathematics, 21.06.2019 19:30, shanua
Needmax recorded the heights of 500 male humans. he found that the heights were normally distributed around a mean of 177 centimeters. which statements about max’s data must be true? a) the median of max’s data is 250 b) more than half of the data points max recorded were 177 centimeters. c) a data point chosen at random is as likely to be above the mean as it is to be below the mean. d) every height within three standard deviations of the mean is equally likely to be chosen if a data point is selected at random.
Answers: 2
image
Mathematics, 21.06.2019 22:30, noathequeen
James wants to promote his band on the internet. site a offers website hosting for $4.95 per month with a $49.95 startup fee. site b offers website hosting for $9.95 per month with no startup fee. for how many months would james need to keep the website for site a to be a better choice than site b?
Answers: 1
You know the right answer?
An amount of 1000 is paid into a fund that earns an effective rate of 6%; at the end of each year, t...

Questions in other subjects:

Konu
Mathematics, 12.06.2020 17:57