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    Introduction to Corporate Finance
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    Exam 3: The Time Value of Money
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    If You Deposit $10,000 Today in an Account That Pays
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If You Deposit $10,000 Today in an Account That Pays

Question 35

Question 35

Multiple Choice

If you deposit $10,000 today in an account that pays 5% interest compounded annually for five years,how much interest will you earn?


A) $2,500.00
B) $2,762.82
C) $3,400.96
D) $12,762.82

Correct Answer:

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