menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Computing
  3. Study Set
    Finance Markets Investments Study Set 2
  4. Exam
    Exam 9: Time Value of Money
  5. Question
    If the Interest Rate Is Zero, the Future Value Interest
Solved

If the Interest Rate Is Zero, the Future Value Interest

Question 27

Question 27

Multiple Choice

If the interest rate is zero, the future value interest factor equals ________.


A) -1.0
B) 0.0
C) 1.0
D) 2.0

Correct Answer:

verifed

Verified

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

Related Questions

Q22: With compound interest, interest is earned only

Q23: Suppose you were going to save $1,000

Q24: Daniel deposits $2,000 per year at the

Q25: Joe plans to fund his individual retirement

Q26: Joseph has just accepted a job as

Q28: For a given period of time until

Q29: You borrow $10,000 to pay for your

Q30: Compound interest is interest earned on interest

Q31: You need $8,000 four years from now

Q32: The present value of a $100 deposit

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