You deposit 1,000 into a 9 percent account today. At the end of two years, you will deposit another 3,000. In five years, you plan a 4,000 purchase. How much is left in the account one year after the purchase?

Anybody can solve this?

Thank you.

January 29, 2017 - 5:39am

#1
heatler18j

Engineering Economy - Interest rate

You deposit 1,000 into a 9 percent account today. At the end of two years, you will deposit another 3,000. In five years, you plan a 4,000 purchase. How much is left in the account one year after the purchase?

Anybody can solve this?

Thank you.

- 292 reads

SPONSORED LINKS

SPONSORED LINKS

- solution needed
- How many permutations can be made out of the letters of the word ENGINEERING?
- Simple space trusses -tension coefficient method
- how to find the distance when calculating moment of force
- solve it
- Bolt Calculation
- pa help po . a cannonball is dropped from the top of a building
- Strength of Materials (Stresses in a truss)
- [LOCKED] two straight roads are perpendicular to each other.
- Colored beads

- Simple space trusses -tension coefficient method
- how to find the distance when calculating moment of force
- solve it
- solution needed
- Bolt Calculation
- Strength of Materials (Stresses in a truss)
- [LOCKED] two straight roads are perpendicular to each other.
- pa help po . a cannonball is dropped from the top of a building
- Colored beads
- the slant of a right circular cone makes an angle a with its base

Similar: http://www.mathalino.com/node/3051