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    Accounting for Non Specialists
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    Exam 12: Capital Investment Decisions
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    If You Banked $27,778 Today at an Interest Rate of 20
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If You Banked $27,778 Today at an Interest Rate of 20

Question 60

Question 60

Multiple Choice

If you banked $27,778 today at an interest rate of 20%, in two years' time you would have:


A) $40,000.
B) $36,000.
C) $33,334.
D) $27,778.

Correct Answer:

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