Multiple Choice
What is the future value of $4,900 invested for 8 years at 7 percent compounded annually?
A) $8,397.74
B) $8,419.11
C) $8,511.15
D) $8,513.06
E) $8,520.22
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: Given an interest rate of zero percent,
Q25: You want to invest an amount of
Q58: Jenny needs to borrow $16,000 for 3
Q59: Your coin collection contains ten 1939 silver
Q62: You expect to receive $20,000 at graduation
Q63: When you were born,your parents opened an
Q65: You have $5,000 you want to invest
Q66: Assume the total cost of a college
Q67: Ben invested $5,000 twenty years ago with
Q68: Planters Bank pays 5 percent simple interest