This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The future value of 200 received today and deposited for three years in an account which pays ... (Read 131 times)

notis

  • Hero Member
  • *****
  • Posts: 596
on: Jul 10, 2018
The future value of 200 received today and deposited for three years in an account which pays semiannual interest of 8 percent is:
 
  A) 253
  B) 252
  C) 158
  D) 134
  E) 248

Question 2

The future value of a 10,000 annuity deposited at 12 percent compounded annually for each of next 5 years is: (Round to the nearest whole dollar)
 
  A) 36,050
  B) 71,154
  C) 40,376
  D) 63,528


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

D


notis

  • Member
  • Posts: 596
Reply 2 on: Jul 10, 2018
Gracias!

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Measurements of solar cycle variation during the last 30 years Measurements of solar cycle variation during the last 30 years
Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough
Checklist of Developmental Skills: Birth to 5 years Cont. Checklist of Developmental Skills: Birth to 5 years Cont.
Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ... Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ...
Agriculture in 10,000 years ago Agriculture in 10,000 years ago
Approximately 40 percent of farmers in the United States are 55 years old or older Approximately 40 percent of farmers in the United States are 55 years old or older
Video: Mechanisms of capillary exchange (transcytosis & bulk flow)

For a complete list of videos, visit our video library