« previous next »

Author Question: What is the future value of 1 (i) after 18 years if the interest rate is 4 percent, (ii) after 12 ... (Read 50 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
What is the future value of 1 (i) after 18 years if the interest rate is 4 percent, (ii) after 12 years if the interest rate is 6 percent, (iii) after 9 years if the interest rate is 8 percent, and (iv) after 6 years if the interest rate is 12
 
  percent?

Question 2

The Trans-Pacific Partnership (TPP) is an agreement between the United States and ________ that was meant to reduce trade barriers.
 
  A) South America B) the European Union
  C) China D) eleven other countries


bigsis44

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

(i) 1 x (1.04)18 = 2.03
(ii) 1 x (1.06)12 = 2.01
(iii) 1 x (1.08)9 = 2.00
(iv) 1 x (1.12)6 = 1.97

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
Rate enhancement by entropy reduction Rate enhancement by entropy reduction
Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f Model of a sequential study in which two cohorts were followed beginning at age 20. One cohort was f
Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ... Increasing access to care for teen mothers is important because they have a higher rate of pregnancy ...
Pharmacogenomics and the future of pharmacotherapy. Pharmacogenomics and the future of pharmacotherapy.
A compression gauge designed for the higher compression rate of a diesel engine should be used when ... A compression gauge designed for the higher compression rate of a diesel engine should be used when ...
Video: Structures that affect circulation - arterioles and vasomotor responses and venous return

For a complete list of videos, visit our video library