Multiple Choice
What is the future value (FV) of $10,000 in 50 years,assuming the interest rate is 4% per year?
A) $100,804
B) $52,000
C) $520,000
D) $20,000
E) $71,067
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q40: Use the information for the question(s)below. <img
Q75: Which of the following is an example
Q76: The one-year discount factor is the discount
Q78: A manufacturer of breakfast cereals has the
Q79: Jeff has the opportunity to receive lump-sum
Q81: Use the information for the question(s)below.<br> <img
Q82: Like other metals,uranium 308 is traded in
Q83: You are scheduled to receive $10,000 in
Q84: A lender lends $10,000,which is to be
Q85: If the risk-free rate of interest (r<sub>f</sub>)is