Multiple Choice
What is the future value (FV) of $50,000 in thirty years, assuming the interest rate is 6% per year?
A) $32,500.00
B) $244,098.38
C) $258,457.10
D) $287,174.56
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Which of the following situations is best
Q2: If the rate of interest (r) is
Q3: A company intends to install new management
Q4: To calculate a cash flow's present value
Q6: An investment will pay you $120 in
Q7: How can we make a financial decision
Q8: Which of the following statements regarding the
Q9: Why is it usually necessary to use
Q10: Explain why a dollar today is worth
Q11: A lender lends $10,100, which is to