menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Corporate Finance Study Set 11
  4. Exam
    Exam 3: Time Value of Money: An Introduction
  5. Question
    What Is the Future Value (FV)of $20,000 in Four Years,assuming
Solved

What Is the Future Value (FV)of $20,000 in Four Years,assuming

Question 48

Question 48

Multiple Choice

What is the future value (FV) of $20,000 in four years,assuming the interest rate is 12% per year?


A) $17,096.08
B) $28,292.66
C) $31,470.39
D) $32,020.64

Correct Answer:

verifed

Verified

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

Related Questions

Q43: You see on Craigslist that a used

Q44: Use the table for the question(s)below.<br>Consider the

Q45: Refer to the table above.An international seafood

Q45: Which of the following statements is FALSE?<br>A)The

Q52: What is the future value (FV)of $10,000

Q53: An investor has the opportunity to buy

Q73: Is there a need to distinguish between

Q75: In order to distinguish between inflows and

Q83: Why are arbitrage opportunities short-lived?<br>A) Federal regulations

Q111: How does arbitrage help the Law of

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