menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Finance Applications and Theory Study Set 3
  4. Exam
    Exam 4: Time Value of Money 1: Analyzing Single Cash Flows
  5. Question
    What Is the Future Value of $2,500 Deposited for One
Solved

What Is the Future Value of $2,500 Deposited for One

Question 142

Question 142

Multiple Choice

What is the future value of $2,500 deposited for one year earning a 14 percent interest rate annually?


A) $2,550
B) $2,850
C) $2,950
D) $3,150

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q137: How much would be in your savings

Q138: What is the value in year 2

Q139: How long will it take for the

Q140: Which of the following investments would you

Q141: Which of the following investments would you

Q143: Compute the present value of $9,000 paid

Q144: You have $50,000 in your account. Assuming

Q145: You invested $1,400 in the stock market

Q146: Determine the interest rate earned on a

Q147: What annual rate of return is earned

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines