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Assuming interest compounded annually, at the end of 29 years there will be only 270 in the account so it will not be possible to take 24000 in the 29th year.
24,000 days = 65.71 years.
The interest is 300% per year.
Six years at 12%
Approx 69.661 years if the interest is compounded. 100 years otherwise.
It is a good idea to annualize staffing because it helps you make predictions about the current staffing using previous years. It is also useful for figuring out the amount of money you need for payroll.
Assuming interest compounded annually, at the end of 29 years there will be only 270 in the account so it will not be possible to take 24000 in the 29th year.
what is present value of a single payment of 24,000 at 6 percent for 12 years
24,000 days = 65.71 years.
24000 a month
9.0065 years.
"How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?"Incomplete question.... to do what?
If you do not need the money now, it will be best to wait until the end of 8 years for your money. You need to determine what is best for you are the present time.
Slightly over 50 grams; the half-life of Pu-239 is around 24110 years, so in 24000 years a little less than half will have decayed to U-235.
The interest is 300% per year.
It will take 18 years.
Six years at 12%