menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Finance Study Set 2
  4. Exam
    Exam 5: Time Value of Money
  5. Question
    The Future Value of $200 Received Today and Deposited at 8
Solved

The Future Value of $200 Received Today and Deposited at 8

Question 167

Question 167

Multiple Choice

The future value of $200 received today and deposited at 8 percent for three years is approximately ________.


A) $248
B) $252
C) $159
D) $253

Correct Answer:

verifed

Verified

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

Related Questions

Q36: Janice would like to send her parents

Q60: A college received a contribution to its

Q65: If a United States Savings bond can

Q117: The future value of an annuity due

Q149: Herbert has opened a retirement fund account

Q163: The future value of a $2,000 annuity

Q168: You inherited an investment portfolio worth $1

Q168: The rate of interest agreed upon contractually

Q171: If a United States Savings bond can

Q171: Which of the following is TRUE 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