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    Exam 8: Compound Interest: Future Value and Present Value
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    Helen's Investment of $500 Has Grown, at a Rate of 13
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Helen's Investment of $500 Has Grown, at a Rate of 13

Question 248

Question 248

Multiple Choice

Helen's investment of $500 has grown, at a rate of 13% compounded annually, for 45 years. What is the maturity value of her investment?


A) $204,381
B) $129,667
C) $825
D) $82,592
E) $122,321

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