Multiple Choice
Wendy and John each deposit $2,000 in a bank account at different rates of interest. Wendy receives interest on her deposit at an annual rate of 6 percent, while John receives interest at an annual rate of 9 percent.
-Refer to the scenario above. What will be the future value of Wendy's deposit after 1 year?
A) $2,110
B) $2,120
C) $2,360
D) $2,400
Correct Answer:

Verified
Correct Answer:
Verified
Q11: An investor is considering three different investment
Q12: Consider the following two options. You can
Q13: Trinity deposits $8,000 in a bank at
Q14: An investor is considering three different investment
Q15: What is the present value of $50,000
Q17: An investor is considering three different investment
Q18: What is the present value of $10,000
Q19: Tom has two investment options. He can
Q20: A box has three green balls, six
Q21: Tom has two investment options. He can