Author Question: What is the future value of 1 (i) after 18 years if the interest rate is 4 percent, (ii) after 12 ... (Read 49 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
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
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
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

For a complete list of videos, visit our video library