Multiple Choice
The value of $100 left in a savings account earning 5% a year, will be worth what amount after ten years?
A) $150.00
B) $160.50
C) $159.84
D) $162.89
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q72: Which of the following best expresses the
Q73: A lender expects to earn a real
Q74: Sharon deposits $150.00 in her savings account
Q75: What is the present value of $200
Q76: Which of the following best expresses the
Q78: If the interest rate is zero, a
Q79: The future value of $100 that earns
Q80: What will be the amount owed at
Q81: In reading the national business news, you
Q82: A bond offers a $40 coupon, has