Over the past few years, microsoft founder bill gates net worth has

Homework Paper Help

Over the past few years, Microsoft Founder bill gates net worth has fluctuated between 20 billion and 130 billion. In early 2006, it was about 26 billion after he reduced his stake in Microsoft from 21 percent to 14 percent by moving billion into charitable foundation.

a. Manhattan’s native tribe sold Manhattan island to peter Minuit for $24 in 1626 . Now 387 years later in 2013, Bill Gates wants to buy the island from the current natives. How much would bill have to pay for Manhattan if the current natives want a 5 percent annual return on the original $24 purchase price ?
b. Bill gates decides to pass on Manhattan and instead plans to buy the city of Seattle, Washington, for 50 billion in 10 years. What would Bill have to invest today at 11 percent compounded annually in order to purchase Seattle in 10 years?
c. Now assume Bill Gates only wants to invest half his net worth today, 13 billion, in order to buy seattle for 50 billion in 10 years. What annual rate of return would he have to earn in order to complete his purchase in 10 years?
d. Instead of buying and running large cities, Bill Gates is considering quitting the rigors of the business world. To fund his retirement bill would invest 20 billion fortune in safe investments with annual rate of 7%. He also wants to make 50 equal annual withdrawals from this retirement fund beginning a year from today, running his retirment fund to 0 at the end of 50 years. How much can his annual withdraw be in this case?

Continue to order Get a quote

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Custom-written and plagiarism-free papers: Our authors create their work from scratch. Before presenting them to clients, we routinely verify them for signs of plagiarism. Our quality assurance group also double-checks and fixes any grammatical errors, assuring that all of our authors adhere to the same standards of writing.
The significance of timely delivery cannot be overstated, and we consistently strive to meet or exceed our clients' deadlines. Regardless of the short time frame, you can count on our writers to get the job done. We always have a team of writers ready to go, even if the deadline is only six hours away.
Customer Satisfaction: Our customer service representatives are the best in the business and have a wealth of knowledge in dealing with clients. All our customer service representatives are trained to listen and reply promptly until you are satisfied with their service. To ensure you're happy, our expert writers will strictly follow the criteria to generate a special report. Our customer service may be contacted by chat, email, or phone. In addition, we provide round-the-clock assistance to all of our clients.
Confidentiality: Our systems are safe, and your information is always protected. We're constantly looking for new facts when it comes to finishing your work. We use a safe and secure payment channel. Since our ordering process is completely anonymous, you don't have to provide any credit card information to place a purchase with us.
Highly Trained Authors: Our writers have received extensive training and are committed to delivering only the best papers. They are fluent in APA, MLA, HARVARD, IEEE, CHICAGO, and AMA referencing styles. To meet your expectations, our skilled writers always pay close attention to your instructions.
Lowered prices: We have set prices that are already discounted. Our prices are the best and affordable for all our esteemed customers.

Over the past few years, microsoft founder bill gates net worth has

Recent Posts

Recent Comments

Calculate the price of your order