Multiple Choice
If you invest $1,200 per year at the end of each year for 40 years at an 8% rate of return,you will have accumulated (Use time value table or financial calculator.)
A) $ 48,000.
B) $ 51,840.
C) $310,862.
D) $379,000.
E) $384,000.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q14: A(n)_ is not an interest-bearing account.<br>A)money market
Q17: Internet-only banks typically pay lower interest rates
Q23: Which of the following is not true
Q26: Convenience and improved record keeping are two
Q32: As of 2012,if your account balances at
Q33: Which of the following is not a
Q43: Choose the word or phrase in [
Q84: Lower borrowing costs encourage the substitution of
Q102: Choose the word or phrase in [
Q164: Factors typically influencing the choice of where