Multiple Choice
Your great-aunt wants to help with your college graduation party.She has just placed $5,000 dollars in a bank account that will earn an annual rate of return of 6%.If you graduate in four years,how much will be in your party account?
A) $7,120.89
B) $6,142.96
C) $5,960.47
D) $6,312.38
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q122: The I/Y key on a financial calculator
Q123: Sly's Used Cars just sold you a
Q124: What is the present value of an
Q125: Your money will grow or compound _
Q126: It is now five years later,and Adrian
Q128: Alexis want to buy a house in
Q129: Your daughter has been saving $500 a
Q130: Suppose that you had deposited $100 in
Q131: What is the present value today of
Q132: Samantha Jee put $3,000 into a mutual