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    Exam 5: Introduction to Valuation: the Time Value of Money
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    On Your Tenth Birthday, You Received $100 Which You Invested
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On Your Tenth Birthday, You Received $100 Which You Invested

Question 4

Question 4

Multiple Choice

On your tenth birthday, you received $100 which you invested at 4.5% interest, compounded annually. That investment is now worth $3,000. How old are you today?


A) age 77
B) age 82
C) age 84
D) age 86
E) age 87

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