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    Exam 3: Time Value of Money - Introduction
  5. Question
    You Want to Have $14,521 at the End of Four
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You Want to Have $14,521 at the End of Four

Question 2

Question 2

Multiple Choice

You want to have $14,521 at the end of four years.How much do you have to invest today to accumulate that total if you can earn 6% compounded annually?


A) $11,501.99
B) $12,192.11
C) $11,524.60
D) $11,287.51
E) $11,853.46

Correct Answer:

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