A 2 kg brick is accidentally dropped off some scaffolding from a height of 20 m above ground levele.Calculate how much potential energy it will have lost by th e time it hits the ground.
1)You have just turned 30 years old, have just received your MBA, and have accepted your first job. Now you must decide how much money to put into your retirement plan. The plan works as follows: Every dollar in the plan earns 7% per year. You cannot make withdrawals until you...
What is the present value of $1000 paid at the end of each of the next 100 years if interest rate is 7% per year?
I solved it by myself :) I t was a interest rate on 350,000 !! The retirement plan will pay $250,000 immediately OR Pays $350,000 after 5 years from the date of retirement with: a) Interest rate (r)=0% Then, the PV = FV/(1+r) n = 350,000/(1+0) 5 =$350,000 So, getti...
you are thinking of retiring. your retirement plan will pay you either $250,000 immediately on retirement or $350,000 five years after the date of your retirement. which alternative should you chose if the interest rate is a) 0% per year; b) 8% per year and c) 20% per year