Multiple Choice
Present Value of 1 Future Value of 1
Present Value of an Annuity of 1
Future Value of an Annuity of 1
Jessica received a gift of $7,500 at the time of her high school graduation.She invests it in an account that yields 10% compounded semi-annually.What will the value of Jessica's investment be at the end of 5 years?
A) $8,250.00
B) $11,250.00
C) $12,216.75
D) $9,375.00
E) $10,500.00
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present
Q10: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present
Q11: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present
Q12: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present
Q13: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present
Q15: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present
Q16: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present
Q17: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present
Q18: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present
Q19: Present Value of 1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2412/.jpg" alt="Present