Multiple Choice
The future value of $100 received today and deposited at 6 percent for four years is: (Round to the nearest whole dollar)
A) $126
B) $79
C) $124
D) $116
E) $106
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q27: If you presently have $6,000 invested at
Q28: Suppose you put $100 into a savings
Q29: Kayla hopes to purchase a new car
Q30: Your aunt dies and leaves you $1M
Q31: Julian was given a gold coin originally
Q33: A bank pays a quoted annual (nominal)interest
Q34: You put $100 in a bank for
Q35: Shylock Bank offers a savings account with
Q36: How much does Ralph need to invest
Q37: How much will you need in 30