subject
Engineering, 14.02.2020 19:38 mimithurmond03

Suppose that on your 21st birthday you are given a $1,000,000 trust fund. If you can earn 4% in annual compound interest, how much money can you withdraw each year to ensure that if there is money in the account forever

ansver
Answers: 1

Another question on Engineering

question
Engineering, 03.07.2019 15:10
Heat is added to a piston-cylinder device filled with 2 kg of air to raise its temperature 400 c from an initial temperature of t1 27 cand pressure of pi 1 mpa. the process is isobaric process. find a)-the final pressure p2 b)-the heat transfer to the air.
Answers: 1
question
Engineering, 04.07.2019 18:10
Condition monitoring is a major component of. (clo4) a)- predictive maintenance. b)-preventive maintenance c)-proactive maintenance d)-reactive maintenance.
Answers: 1
question
Engineering, 04.07.2019 18:10
Which one from below is not one of the reasons of planning failures? (clo3) a)-planner is careless. b-planner spend less time in the field but more time on the desk c)-planner is not qualified d)-planner does not have sufficient time to properly plan
Answers: 3
question
Engineering, 04.07.2019 18:20
Select any two (2) areas of applications of chain-drive. (clo4) a)-permanent lubrication necessary b)-hydraulic forklift truck operation c)-rigging and heavy moving materials d)-relatively high maintenance costs e)-costlier than belt drives
Answers: 2
You know the right answer?
Suppose that on your 21st birthday you are given a $1,000,000 trust fund. If you can earn 4% in annu...
Questions
question
Mathematics, 13.01.2021 14:00
question
Mathematics, 13.01.2021 14:00
question
Mathematics, 13.01.2021 14:00
question
Mathematics, 13.01.2021 14:00
Questions on the website: 13722359