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QUESTION 2 if an investment account gives 5% interest annually, how much equal annual deposits you have to make for 10 years starting year 1 to have a $169,603 at your account at the end of this investment.

QUESTION 2 if an investment account gives 5% interest annually, how much equal annual deposits you have to make for 10 years starting year 1 to have a $169,603 at your account at the end of this investment.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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QUESTION 2 if an investment account gives 5% interest annually, how much equal annual deposits you have to make for 10 years starting year 1 to have a $169,603 at your account at the end of this investment. QUESTION 3 What is the present value of annual $4,421 payments over the upcoming 5 years on an interest rate of 10%? QUESTION 4 what is the present worth of $3,082 in year 1 and amounts increasing by $174 per year through year 5 at an interest rate of 10% per year? QUESTIONS what is the future worth of $844 in year 1 and amounts increasing by $70 per year through year 5 at an interest rate of 10% per year? QUESTION 6 Find the present worth of $2,067 in year 1 and amounts increasing by 10% per year through year 5. Use an interest rate of 12% per year.
Transcribed Image Text:QUESTION 2 if an investment account gives 5% interest annually, how much equal annual deposits you have to make for 10 years starting year 1 to have a $169,603 at your account at the end of this investment. QUESTION 3 What is the present value of annual $4,421 payments over the upcoming 5 years on an interest rate of 10%? QUESTION 4 what is the present worth of $3,082 in year 1 and amounts increasing by $174 per year through year 5 at an interest rate of 10% per year? QUESTIONS what is the future worth of $844 in year 1 and amounts increasing by $70 per year through year 5 at an interest rate of 10% per year? QUESTION 6 Find the present worth of $2,067 in year 1 and amounts increasing by 10% per year through year 5. Use an interest rate of 12% per year.
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