ANSWER THE FF SHOW YOUR COMPLETE SOLUTION: A young man, 22 years old, graduatedfrom college and got his first job. Hewants to have a retirement fund so hedecided to deposit P2,000.00 at the endof each year in a fund at 15% annualinterest. He is planning to retire whenhis fund has an accumulated value ofP1,000,000, how old is he by then?O 53 years oldO 63 years old75 years old31 years old A wealthy man donated a certainamount of money in a bank at a rate of12% compounded annually to be able topay the following scholarship awards;P4,000 per year for the first 5 years;P6,000 per year on the next five yearsand P9,000 per year on the yearsthereafter. Find the amount of moneydeposited by the man.O P14,419.10OP12,272.68O P50,839.78O P75,000

Answered: Image /qna-images/answer/7ff10e94-d9b8-4cfb-b19c-8dc6bff76533.jpg

A young man, 22 years old, graduated from college and got his first job. He wants to have a retirement fund so he decided to deposit P2,000.00 at the end of each year in a fund at 15% annual interest. He is planning to retire when his fund has an accumulated value of P1,000,000, how old is he by then?

A young man, 22 years old, graduated from college and got his first job. He wants to have a retirement fund so he decided to deposit P2,000.00 at the end of each year in a fund at 15% annual interest. He is planning to retire when his fund has an accumulated value of P1,000,000, how old is he by then?

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

See similar textbooks

Similar questions

11. A 2-kW electric resistance heater submerged in 5-kg water is turned on and kept on for 10 min. During the process, 300 kJ of heat is lost from the water. Solve for the temperature rise of water. (3 DECIMAL IN FINAL ANSWER PLS)
A 5.7 KN car has Cd = 0.38, Af = 2.5 m², and an available tractive effort of 1,612N. If the car is traveling at an elevation of 1500m on a paved surface at a speed of 89 kph, what is the maximum grade that this car could ascend and still maintain the speed? Answer in percentage in two decimal places.
An engineer designing a light aircraft is trying to make an estimate of the diameter of the propeller needed. The design speed of the aircraft is 69m/s into still air and at this speed experience allows the engineer to assume a propeller efficiency of 88%. Other analysis shows that a thrust of 10906N must be supplied by the propeller to maintain this speed. Assuming a constant air density of 1.19 kg/m3 , determine the diameter of the ideal propeller in m to 1 decimal place.
9. A 6-pack canned drink is to be cooled from 25°C to 3°C. The mass of each canned drink is 0.355 kg. The drinks can be treated as water, and the energy stored in the aluminium can itself is negligible. Solve for the amount of heat transfer from the 6 canned drinks. (3 DECIMAL IN FINAL ANSWER PLS)
What is, in MW, the power generated by a turbine that has a power coefficient equal to 0.24 when the wind speed is 10.3 m/s and the blades have a length of 34 m? Round off your answer to 2 decimal places and do not include the unit.
An electronics device generates 37.5 W of heat energy during normal operation. The heat is dissipated from the top surface of the device to ambient air at 21°C. If the top surface area is 0.166 m2 and the convection heat transfer coefficient is 7.297 W/m2· K, what will be the surface temperature (in °C) of the device [round your final answer to one decimal place]?
Choices: a) 401.20 m b) 400.24 m c) 400.20 m d) 400.231 m
What volume (in m3) of natural gas would it take to generate 5.94 x 108 J of energy if the energy content of natural gas is 36.9 MJ/m3 [round your final answer to one decimal place]?
A man pays P 114,100 every end of the quarter for a car bought on installment terms. If the man wishes to pay every end of the month instead of every end of the quarter, how much should he pay if the interest is 12% compounded monthly? pls answer 10 mins deadline
An air-cooled condenser has an expected U value of 30 W/m2∙K based on the airside. The condenser is to transfer 60 kW with an airflow rate of 15 kg/s entering at 35°C. If the condensing temperature is to be 48°C, what is the required airside area in m2? Round your answer to 2 decimal places.
THE FINAL ANSWER SHOULD BE 10.75 m^3/s. Include cancellation of units and solve completely
How are you getting 16 mm at the end for an answer , "HX83=219X10^3/164.909".................is that your diving by f/a and multiplying by 83 to get H , im just no sure what you did to get 16 ?.