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:

Verified
Correct Answer:
Verified
Related Questions
Q1: Joe expects to receive a gift of
Q3: You invest $2,500 today at an interest
Q4: $100 is received at the beginning of
Q5: If a US Saving bond can be
Q6: Shylock Bank offers a savings account with
Q7: At an effective annual interest rate of
Q8: If you could borrow at 9.5% compounded
Q9: Shylock Bank offers a savings account with
Q10: In 6 years you are going to
Q11: Current assets values may be estimated by