Multiple Choice
What is the future value of $8,000 invested today and held for 15 years at 8.5 percent compounded annually?
A) $25,377.35
B) $27,197.94
C) $29,139.86
D) $29,509.77.
E) $29,139.86.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q40: Precision Engineering invested $95,000 at 5.5 percent
Q41: Your coin collection contains ten 1949 silver
Q42: You have $12,500 you want to invest
Q43: Lester had $6,270 in his savings account
Q44: Which one of the following is the
Q46: Travis invests $5,500 today into a retirement
Q47: Tomas earned $89 in interest on his
Q48: You want to have $35,000 in cash
Q49: Lew has $3,600 that he wants to
Q50: Rob wants to invest $15,000 for 7