Multiple Choice
The future value of today's $200 to be received 10 years later with an interest rate of 10 percent per annum is
A) $424.
B) $484.
C) $542.
D) $519.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q57: John wants to have a $10 000
Q58: ABC Bank offers term deposits with 7.8
Q59: You make regular monthly rental payments at
Q60: Assuming a discount rate of 14 percent
Q61: What is the future value of $200
Q63: The future value of $676 deposited at
Q64: How much interest would Aleem save if
Q65: The higher the interest rate,the higher the
Q66: The longer the time period,the higher the
Q67: Raymond wants to save the college tuition