Multiple Choice
If you invested $10,000 at 6% on your 20th birthday how much would you have on your 40th birthday? Use Table FA-1.
A) $32,070.00
B) $31,180.00
C) $36,785.59
D) $12,158.12
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: The present value of an ordinary annuity
Q8: The time value of money is based
Q9: Powers Company wishes to issue $2,000,000 of
Q10: The rate of interest is usually expressed
Q11: To determine the amount to be deposited
Q13: The present value of a single amount
Q14: If I invest $20,000 at 2.5% today,how
Q15: The future value of an annuity is:<br>A)Always
Q16: A scholarship fund has $75,000 to invest
Q17: As the discount rate required by an