menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Management Theory and Practice Study Set 1
  4. Exam
    Exam 4: Time Value of Money
  5. Question
    How Much Would $1,growing at 3
Solved

How Much Would $1,growing at 3

Question 43

Question 43

Multiple Choice

How much would $1,growing at 3.5% per year,be worth after 75 years?


A) $12.54
B) $13.20
C) $13.86
D) $14.55

Correct Answer:

verifed

Verified

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

Related Questions

Q38: Suppose you borrowed $12,000 at a rate

Q39: What's the present value of $1,500 discounted

Q40: You own an oil well that will

Q41: Steve and Ed are cousins who were

Q42: Suppose you are buying your first house

Q44: You plan to borrow $75,000 at a

Q45: Suppose you have $1,500 and plan to

Q46: What would the future value of $125

Q47: What's the future value of $1,500 after

Q48: You plan to borrow $30,000 at a

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