Multiple Choice
You wish to make a substantial down payment on a lake cottage and you currently have $15,725 invested at an annual rate of 2.50%.How much money will be in the account in 3.5 years if it continues to earn at its present rate?
A) $18,325
B) $20,579
C) $17,144
D) $19,605
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: The dividends per share paid by Artisan
Q22: Which of the following is the
Q23: Other things remaining equal,the price today and
Q24: A two-year investment of $3500 is made
Q25: Consider the TVM equation: A decrease in
Q27: A home improvement firm has quoted a
Q28: Antonio made $18,000 in the first movie
Q29: The financial aid office at your university
Q30: Susan and her spouse have saved $5,500
Q31: Amy has always planned to save enough