Multiple Choice
How much will $8,000 grow to in five years,assuming an interest rate of 8% compounded quarterly?
A) $10,989.
B) $11,755.
C) $11,888.
D) $12,013.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q35: Sandra won $5,000,000 in the state lottery,which
Q37: Compute the future value of the following
Q38: Zulu Corporation hires a new chief executive
Q39: A series of equal periodic payments is
Q41: Carol wants to invest money in a
Q42: What is the value today of receiving
Q43: Incognito Company is contemplating the purchase of
Q44: Compound interest is interest you earn on
Q45: Tammy wants to buy a car that
Q79: Present and future value tables of $1