Invest in securities that pay
You plan to invest in securities that pay 8.0%, compounded annually. If you invest $5,000 today, how many years will it take for your investment to grow to $9,140.20?
Answer
A. 5.14
B. 5.71
C. 6.35
D. 7.05
E. 7.84
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Suppose the U.S. Treasury offers to sell you a bond for $747.25. No payments will be made until the bond matures 5 years from now, at which time it will be redeemed for $1,000. What interest rate would you earn if you bought this bond at the offer
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A light bulb is wired in series with a 139 resistor, and they are connected across a 120 V source. The power delivered to the light bulb is 23.7 W. What are the two possible resistances of the light bulb?
A motor gives gear A an angular acceleration of 4(t^3) rad/s^2, where t is in seconds. If gear A is initially turning at 20 rad/s, determine the angular velocity of gear B when t = 2s.
You want to buy a new sports car 3 years from now, and you plan to save $4,200 per year, beginning one year from today. You will deposit your savings in an account that pays 5.2% interest. How much will you have just after you make the 3rd deposit
A capacitor is connected to a 12 kHz oscillator. The peak current is 70 mA that produces an rms voltage of 5.0 V. a). What is the value of the capacitance C?
You just inherited some money, and a broker offers to sell you an annuity that pays $5,000 at the end of each year for 20 years. You could earn 5% on your money in other investments with equal risk. What is the most you should pay for the annuity?
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