Multiple Choice
You plan to invest in bonds that pay 6.0%,compounded annually.If you invest $10,000 today,how many years will it take for your investment to grow to $30,000?
A) 12.37
B) 13.74
C) 15.27
D) 16.97
E) 18.85
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q30: Which of the following statements is CORRECT?<br>A)
Q32: Which of the following statements is CORRECT,assuming
Q77: What is the PV of an ordinary
Q81: What is the PV of an annuity
Q121: Which of the following statements regarding a
Q150: What's the future value of $1,500 after
Q153: Suppose the U.S.Treasury offers to sell you
Q157: What is the present value of the
Q158: You want to go to Europe 5
Q162: Bob has $2,500 invested in a bank