Two years ago, Snoop Lion deposited P15,000.00 in a fund that earns 10% interest compounded semi-annually. If another deposit of P10,000.00 is made today, 1. Determine the accumulated amount in the fund after 3 years.

Two years ago, Snoop Lion deposited P15,000.00 in a fund that earns 10% interest compounded semi-annually. If another deposit of P10,000.00 is made today, 1. Determine the accumulated amount in the fund after 3 years.

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter20: Engineering Economics

Section: Chapter Questions

Problem 21P

See similar textbooks

Related questions

Q: Given the following parameters, give the required diameter of reinforced concrete pipe needed for…

Q: A 0.3 saturated soil has specific gravity of 2.1 and moisture content 0.44. Find void ratio of soil

Q: A concrete beam of rectangular cross-section of size 120mm (width) and 200mm (depth) is prestressed…

A: Given- concrete beam with rectangular cross-section- dimensions of beamb=120 mmd=200 mmprestressing…

Q: Four measurements of distance were recorded as 352.45, 352.04, 351.89, and 353.12 meters and given…

A: Given:Measurements:X1=352.45 with W1=2X2=352.04 with W2=5X3=351.89 with W3=1X4=353.12 with W4=8

Q: A circular aluminum alloy [E = 70 GPa; a = 22.5 x 10-6/°C; v = 0.33] pipe has an outside diameter of…

Q: Find the dry density of soil Saturated density =1303 Kg/m3 Water content=0.442

A: Introduction: The given question is related with Geotechnical engineering . In this question we are…

Q: e a P b y P C 3 4 3 Find the value of P so that Maximum Load in member bf = 30KN using Approximate…

A: Assume members are slender given lengths of all members Approximate method : Take all members are…

Q: Classify each of the structures shown as externally unstable, statically determinate, or statically…

Q: What if any materials options do we have for graphene coating in construction? Do these options…

A: This type of coating is used to enhance the property of the steel. Thus the strength of the steel…

Q: 6 ft- P₁ C 200 lb B D 4 ft4 ft6 ft- P₂ 2 ft E

A: To find out the shear force and bending moment of the beam.

Q: Example The compressive gravity axial load for a building column are: L = 300 k, D = 150 k and L₁ =…

A: Given: DL= 150 k LL = 300 k Lr = 60 k Wc = 70 k Ec = 50 k Wt = -60 k Et = -40 k

Q: 1. Four forces are applied to point P as shown. Knowing that F₁ = 50 lb, F2 = 20 lb and F4 = 70 lb,…

Q: Q- IF THE LENGTH OF THE WELDED JOINTS FOR TWO PLATES IS 700 MM FOR A PLATE OF 8 MM AND 10 MM WELDED…

A: Given- Length of welded joints=700 mm,plates thickness 8 mm & 10 mm,weld size= 6 mm. It is…

Q: Stem of Q. 9 and 10 Figure shows inverted T shaped fixed pipe. Liquid is released from rest from…

A: The given figure is shown below:

Q: A 0.3 saturated soil has specific gravity of 2.1 and moisture content 0.44. Find void ratio of soil

Q: m 2m iokN zm 25 ки 2m a) a solve for maximum Deflection using Double-Integration Method. Also use…

Q: Q3) leveling staff setup on a BM of elevation of 89.90 m is observed from point A where the three…

Q: Research about AUTOCAD. a. tools in autocad b. types of autocad c. versiona in autocad

A: There are various tool is AUTOCAD. The basic tools are 1. Line: Line tool is used to draw a line in…

Q: Prob.9. A retaining wall 6 m high with vertical back, supports a cohesive backfill having unit…

A: Given that, Height of retaining wall, H = 6m Unit weight of soil, Y= 19kN/m³ Apparent cohesion, c =…

Q: convert 259 lb/ft2 to kg/in2

A: lb/ft2 is basically units of pressure. Pressure is nothing but a physical force imposed on an…

Q: 1. A long tensile member is constructed by connecting two plates as shown. Both plates are made of…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: The T-section shown is subjected to a design ultimate moment of M = 180kN.m. Find the require area…

A: Given data: fc=30 MPafy=450 MPabf=400 mmbw=200 mmDf=100 mmd=350 mmMu=180 KN-m We need to calculate…

Q: The most probable value of the angle

A: Given data, Determine the probable value of the angle θ ? Surveyor and the observation number is…

Q: A 30 kg mass M is held in place by the 50 N force F1, cable OA and cable Find the mass m of the…

A: Given : Mass M = 30 kg Force F1 = 50 N To Find : The mass m of counterweight to keep point O in…

Q: Question 1: A-find the zero force members of the truss shown below. B-Using section method determine…

A: Given :- Truss with a single load of 10 kN at point B. Required :- A) find the zero force members of…

Q: The stopping sight distance (SSD) for a level highway is 140 m for the design speed of 90 km/h. The…

Q: A circular aluminum alloy [E = 70 GPa; a = 22.5 x 10-6/°C; v = 0.33] pipe has an outside diameter of…

Q: Problem 1 A barge is pulled by two tugboat. If the resultant of two forces exerted by the tugboat is…

A: Determine; (a) the value of a for which the tension in rope 1 is minimum. (b) solve the tension in…

Q: Create a graph that shows the acceleration due to gravity as a function of distance from the earth’s…

A: The acceleration due to gravity can be expressed as a function of distance from the earth’s surface.

Q: ple: Draw shear and Moment Diagr

A: Given:-20kN/m-udl80kN/m-triangular loadTo find:-shear and moment diagram

Q: why do we need to know about the hydrostatic forces acting on plane surfaces in hydraulic…

A: Hydraulic engineering:- The flow and transportation of fluids, primarily water, and sewage, is the…

Q: 2m jokN 2m 25kN ļ 2m Fa solve for maximum Reflection using Double-Integration

A: Let,RA=Vertical reaction at support A in upward direction.RB=Vertical reaction at support B in…

Q: An activated sludge process (ASP) is designed for secondary treatment of 7500 m³/day of municipal…

Q: Given the following data in measuring a distance of a certain line. DISTANCE NO. OF MEASUREMENTS…

Q: A 25 cm diameter pipe carries air (p=1.22kg/m³) (v = 1.5x10-5m²/sec) at an average velocity of 8.0…

Q: 1- Determine the resultant internal loadings acting on the cross-section at C of the cantilevered…

Q: Question 4 Critically evaluate the degree to which soil water washing is an effective method for…

Q: A 25 mm diameter shaft is pulled through a cylindrical bearing as shown (not rotating). Oil is used…

Q: The homogeneous 100 N body A of figure shown is in equilibrium and rests upon the smooth cylindrical…

Q: Find the ultimate moment of resistance for the rectangular section reinforced as shown below. stic…

Q: 19. The distance between Sta. 32+ 45.2 and Sta. 40 + 60.5 of a survey is A. 7305.7 ft. B. 905.7 ft.…

A: Given Data Two stations are given in the question. Station 1 = 32+45.2 Station 2 = 40+60.5 We are…

Q: A circular aluminum alloy [E = 70 GPa; a = 22.5 x 10-6/°C; v = 0.33] pipe has an outside diameter of…

A: Given:Outside diameter of pipe, D=240 mmWall thickness=10 mmInside diameter of pipe, d=240-2×10…

Q: A simple curve of the proposed extension of Mantabahadra Highway have a direction of tangent AB…

Q: shear and moment diagram. Show your solution. (input the maximum moment of the bear including the…

A: For analysis of beam, the beam is divided into three parts from internal hinges. 1. Part AB 2. Part…

Q: The maximum and minimum shear stresses in a hollow circular shaft of outer diameter 20mm and…

A: Given data- Outer diameter D=20 mm. thickness t=2 mm. torque T=92.7 N-m. To Find- Maximum &…

Q: A smooth flat plate is in a parallel flow stream. The ratio of the drag over the upstream half of…

Q: A W kN/m 8 m B 3 m P KN 150 kN.m

Q: Compute the following: a. wall shear b. wall moment c. Deflection at mid-span d. the maximum…

A: As per guidelines provided by Bartleby, I have to answer only first 3 sub parts of the question.…

Q: Prob. 1.4-10. For the beam shown in Fig. P1.4-10, determine: (a) the reactions at supports B and C,…

Q: If dry density, water density and specific gravity of solids of a given soil sample are 1.6 g/cc,…

A: Given data, For soil sample, Specific gravity = G=2.56 Yw= 1g/cc Dry density = Yd= 1.6g/cc Find out…

Question

SITUATIONAL PROBLEM I:
Two years ago, Snoop Lion deposited P15,000.00 in a fund that earns 10%
interest compounded semi-annually. If another deposit of P10,000.00 is made
today,
1. Determine the accumulated amount in the fund after 3 years.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Step by step

Solved in 3 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, civil-engineering and related others by exploring similar questions and additional content below.

Similar questions

3. On january 1, 2016, Diana opened an account with a P 50,000 deposit. On january 1, 2017, she withdraws P 25,000 and on january 1, 2019 she deposits P 75,000. If the account earns 7.5% interest, compounded yearly, and no further deposits or withdraws are made, what was the balance on january 1, 2021?
A man will deposit 200 with a savings bank at the beginning of each 3 months for 9 years. If the bank pays interest at the rate of 5.5% quarterly, find the sum to his credit just after the last deposit. *written solution please
Find the amount at the end of 3 years and 6 months if P7,000 is invested at 30% compounded quarterly, using simple interest for anytime less than a year interest period.
A house costs P500,000 cash. A purchaser will pay P100,000 cash, P50,000 at the end of 2 years and a sequence of 6 equal annual payments starting with one at the end of 4 years to discharge all his liabilities at 7% compounded annually. Find the annual payment which may be made for 6 years.
Determine the present worth of the following cash flows based on an interest rate of 6.18% per year, compunded annually. End of Year 0 = Php 5724 End of Year 1 = Php 5972 End of Year 2 = Php 5203 End of Year 3 = Php 5767 End of Year 4 = Php 5492 End of Year 5 = Php 5787
what is the balance and amount of interest earned if $2500 is invested at 6% compounded monthly for five years?
Determine the present worth of the following cash flows based on an interest rate of 7.43% per year, compounded annually. Round off to two decimal places. End of Year 0 = Php 5585 End of Year 1 = Php 5561 End of Year 2 = Php 5320 End of Year 3 = Php 5858 End of Year 4 = Php 5436 End of Year 5 = Php 5442
A car whose cash price was P540,000 was bought with a downpayment of P162,000 and a monthly installment of P10,874 for 5 years . What was the rate of interest if compounded monthly?
A certain sum of money will be deposited in a savings account that pays interest at the rate of 6% per year compounded annually. If all the money is allowed to accumulate, how much must be deposited initially so that $5000 will have accumulated after 10 years?
What is the present worth of three P50,000 payments at the end of the fourth year, fifth year and seventh year? The annual rate of interest is 6%.