Multiple Choice
Calculate the accumulated value of $1000.00 at 8% compounded monthly for 12 years.
A) $2603.39
B) $1603.39
C) $2600.39
D) $2003.39
E) $603.39
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q132: Ade has to settle a debt, for
Q133: Ontario's recommended discount rate is 2.5% per
Q134: Two years after Michelle deposited $25 000
Q135: A $100 000 face value strip bond
Q136: An investment of $30 325 is accumulated
Q138: Alflah Islamic bank issued $9300.00 promissory note
Q139: You want to retire with $370 000
Q140: An investment of $2500.00 accumulates interest at
Q141: Jenni started a registered retirement savings plan
Q142: Find the future value of and the