Multiple Choice
What is the future value of $3,497 invested for 15 years at 7.5% compounded annually?
A) $7,431.13
B) $10,347.19
C) $14,289.16
D) $14,911.08
E) $15,267.21
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q79: Marie needs $26,000 as a down payment
Q80: All County Insurance, Inc. promises to pay
Q81: The I.C. James Co. invested $10,000 six
Q82: Alexander Industries just had a very profitable
Q83: At a 6% rate of interest you
Q85: What is the present value of $36,800
Q86: You will be receiving $2,500 from your
Q87: Jessica invests $3,000 in an account that
Q88: The rate used to find the present
Q89: The James Co. plans on saving money