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Everything posted by Draino76
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The correct answer is: C College fee today = $18,000 College fee in 15 years' time = 18,000 x 1.0315= 28,043 16 years' time = 18,000 x 1.0316= 28,885 17 years' time = 18,000 x 1.0317= 29,751 18 years' time = 18,000 x 1.0318= 30,644 At t = 14, the value of these four-year fees, discounted at an interest rate of 4% is equal to 28,043 + 28,885 + 29,751 + 30,644 = 106,313 1.04 1.042 1.043 1.044 The future value of annual savings at t = 14 must be equal to $106,313 This is the future value of a 14-year annuity, where the annual payment is the amount that must be saved each year Use your calculator to obtain the value of the annual payment FV = 106,313 Interest rate = 4% No. of periods = 14 Payment = $5,812
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Yes this is how I spend my Thursday nights. Personally I would save $6,000 each year to be safe. Or get my daughter into prostitution.
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David and Helen Clark are planning to pay for their daughter's four-year college education starting fifteen years from now. The current annual cost of a college education is $18,000 and this is expected to rise at an annual rate of 3%. If interest rates are expected to be 4% for the foreseeable future, the amount that they must save each year, if they intend to make fourteen equal annual payments, beginning in one year's time, is closest to: A$5,309. B$5,602. C$5,812.
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Shirley, the end is nigh?
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What about SaintsWeb WAGs? come on....Rule 1 em!
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League 1 goalkeeper. League 1 defenders. League 1 Puncheon.
Draino76 replied to Draino76's topic in The Saints
If all I have to do is post a WAAA thread like this. I will do so every time. WOOOOT mamma -
League 1 goalkeeper. League 1 defenders. League 1 Puncheon.
Draino76 replied to Draino76's topic in The Saints
Right here! Most of what I said is still valid. Attempting cartwheels right now! -
League 1 goalkeeper. League 1 defenders. League 1 Puncheon.
Draino76 replied to Draino76's topic in The Saints
Speak English would you? Maybe that is a problem the we have. -
Fairly obvious why we are not doing so well isn't it?
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http://www.wiziwig.tv/broadcast.php?matchid=168559&part=sports
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This is a generic post to bookmark this thread. Thank you for your understanings.
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Hey does anyone else use that Swype texting thing? I'm using it now and its really wick. can't manage to say the word pricing though
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I must be one of only 100 people that have made money out of poopey. What an achievement.
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Yay. I made money out of the c u n t s
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I've £25 on poopey @5/1 for the win.
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Mikael Silvestre. Is he still available? Mikaël Samy Silvestre (born 9 August 1977) is a French international footballer. He plays as defender and last played for Werder Bremen of the Bundesliga. He has also played for the French national team. Silvestre is adept as both a centre-back and a left-back, though he has stated that he prefers playing in the centre.[4]
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He may well have signed last week, but the web page is still loading for me.
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Ok..ok. There is still the mighty prize of post 5000 up for grabs....Which I imagine will be 'won' in the next 10 minutes.
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So all we have to do is get to 100 pages then said player signs. In fairness to my employer in future I shall start reading about page 95.
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Belin for beer. Stockholm for food. Prague for nightlife.
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Adkins out
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Had a shower after my morning dump. No paper used and you could eat yer dinner off my behind this morning. Perfect. (Breakfast I mean).
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I don't think its that. I just feel like its money slipping through my fingers with every wipe. Its probably more economical do install a water jet system, or a a temporary fix I could use a watering can instead, as they do in some parts of Northern India.
