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When Using a Financial Calculator, Which of the Following Is

Question 73

Multiple Choice

When using a financial calculator, which of the following is the correct way to find the future value of $200 deposited today in an account for four years paying annual interest of 3%?


A) N=4, i=.03, PV=-200, PMT=0, solve for FV
B) N=4, i=3, PV=-200, PMT=0, solve for FV
C) N=4, i=3, PV=0, PMT=$200, solve for FV
D) N=4, i=3, FV=200, PMT=0, solve for PV

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