Multiple Choice
When using Excel to find the future value of $2,000 invested in an account that would earn interest of 7.5% for 18 years, the correct entry would be
A) = FV(7.5,18,0,−1000)
B) = PV(.075,18,0,−1000)
C) = FV(7.5,18,0,1000)
D) = FV(.075,18,0,−1000)
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q50: You bought a painting 10 years ago
Q67: Which of the following is the formula
Q73: Money has a greater time value [blank].<br>A)when
Q74: On a timeline, the present is represented
Q76: The present value of a future sum
Q79: Which of the following formulae represents the
Q80: Which of the following provides the greatest
Q81: An investor will invest $1000 now and
Q83: Which of the following statements is false?<br>A)A
Q86: Should you prefer to receive $100,000 right