Multiple Choice
How long will it take a $100 deposit to increase to $200 if the rate of interest is 4 percent?
A) 10 years
B) 18 years
C) 25 years
D) 30 years
E) 15 years
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Suppose real GDP per capita grows at
Q4: Find the present discounted value of:<br>(A)$500 to
Q5: Suppose,when you retire 40 years from now,you
Q6: A zero-coupon bond pays only its face
Q11: Suppose the CPI in 2010 was 188.9.In
Q52: Suppose you deposit $100 in the bank
Q67: Between 1980 and 2000, China's GDP grew
Q111: The purpose of a ratio scale is<br>A)to
Q131: Why would it be a good idea
Q169: Suppose you win a million dollars in