menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Corporate Finance Study Set 4
  4. Exam
    Exam 6: Time Value of Money
  5. Question
    The Future Value of $200 Received Today and Deposited for Three
Solved

The Future Value of $200 Received Today and Deposited for Three

Question 106

Question 106

Multiple Choice

The future value of $200 received today and deposited for three years in an account which pays semiannual interest of 8 percent is ________ .


A) $158.00
B) $252.00
C) $134.66
D) $253.00

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q101: If the interest rate is zero, the

Q102: Michael is planning for his son's college

Q103: The present value interest factor is<br>A) between

Q104: The ordinary annuity is an annuity for

Q105: The effective rate of interest and compounding

Q107: If the present value of a perpetual

Q108: If a Canada Savings bond can be

Q109: Donna makes annual end-of-year payments of $5,043.71

Q110: A perpetuity is a series of constant

Q111: The future value of $200 received today

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines