It is given that Fund A earns simple interest at the rate of 5% per year whereas Fund B earns an annual effective rate of interest of 4%. At what time (measured from the date of deposit) do the two funds have the same accumulated value? Use the Newton Raphson iteration method with an initial guess t = 20.
Doubt in this then comment below. I will explain you..
.
please thumbs up for this solution..thanks..
.
It is given that Fund A earns simple interest at the rate of 5% per year...
3- The figure given below shows the one line diagram of a simple power system. Line impedançe is given in per unit on a 100 MVA base. a. Find the unknown bus voltage by using Newton Raphson method with one iteration. IE you need Ssum you can use San-100 MVA. (20 pts) b. If after several iterations the bus voltage converge to V09-j0.1 pu, determine the power loss in the line and the bus 1 real and reactive power. (15...
1.)Suppose an account earns a 13% simple rate of interest annually. a. The future value of an annual deposit of $21 at the end of each year for four years will be b.The future value of an annual deposit of $21 at the beginning of each year for four years will be Round your final answer to two decimal places. 2.) If the simple rate of interest is 6%, the interest earned by $1 in 5 years is:$_________ 3.) What...
A deposit of X is made into a fund which pays an rate of 12 for 8 years. At the same time, 2X is deposited into another fund which pays a continuous compounded rate (force of interest) of o for 8 years From the end of the 4th year until the end of the 8th year, both funds the same dollar amount of interest. Calculate d (A) 7.2% (B) 7.5% |(C) 7.8% (D) 8.1% (E) 8.4% annual effective discount earn...
You deposit 1,074 SAR in a savings account that earns 10% simple interest per year. What is the minimum number of years you must wait to double your balance
Given an interest rate of 5.7 percent per year, what is the value at Date t = 10 of a perpetual stream of $4,100 annual payments that begins at Date t = 20? The answer is not 41319.89.
3. Suppose Tyrone wants to open a savings account that earns 3,5% simple interest per year. He wants it to be worth S1500 in 4 years. How much does he need to deposit in the account today to make that happen? Round to the nearest whole dollar,
1. What is the interest earned from a savings of P10,000 at a simple interest rate of 107 per year for 5 years? (5 points) 2. How long does a man need to invest P5,000 to be P9,000 at an interest rate of 10 compounded annually? (5 points) 3. What is the rate of interest, compounded monthly charged to an investment of P2 000 that pays P1, 205 per month for 2 years. (5 points) 4. How much annual deposit...
Emily Dorsey's current salary is $68,000 per year, and she is planning to retire 20 years from now. She anticipates that her annual salary will increase by $3,000 each year ($68,000 the first year, to $71,000 the second year, $74,000 the third year, and so forth), and she plans to deposit 5% of her yearly salary into a retirement fund that earns 6% interest compounded daily. What will be the amount of interest accumulated at the time of Emily's retirement?...
At a simple interest rate of 10% per year, determine how long will it take $10,000 to increase to 4 times as much. Compare the time it will take to double if the rate is 20% per year simple interest. At an interest rate of 10%, it will take_____ years for the amount to increase 4 times as much.It will take______ years for the amount to double at an interest rate of 20%.
You are given: 1) Fund X pays interest at the rate of 6% convertible monthly 11) Fund Y pays interest at a force of interest 8 = 1/(t+12) iii) Ron deposited P into each fund. iv) At the end of twelve years, the accumulated amount accumulated amount in fund Y was Z. twelve years, the accumulated amount in fund X was 2,000 and the Determine Z