Multiple Choice
If you are able to earn an 8% rate of return what amount would you need to invest to have $30000 one year from now?
A) $27747
B) $27778
C) $27273
D) $29700
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: With a financial calculator one can solve
Q2: If you are able to earn a
Q3: The future value of an annuity factor
Q5: Amy Brown plans to buy a surround
Q6: Compute the future value of $6000 invested
Q7: Frostmore Company is considering investing in an
Q8: If the single amount of $3000 is
Q9: A $10000 6% 5-year note payable that
Q10: DMV leases a building for 20 years.
Q11: Compound interest is computed on the principal