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Author Question: Jeremy purchased 100 shares of FB for $19 per share in September 2012 and sold them 3 years later at ... (Read 38 times)

ddddddddddeeee4444

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Question 1

If you invest $7,000 at the end of each year for seven years and you earn 7% interest compounded annually, how much will you have accumulated at the end of the seventh year to the nearest dollar?
◦ $10,430
◦ $60,578
◦ $52,430
◦ $49,490

Question 2

Jeremy purchased 100 shares of FB for $19 per share in September 2012 and sold them 3 years later at $91 per share.  At what annual rate did the value of his investment grow?
◦ about 95%
◦ about 48%
◦ about 69%
◦ about 12%


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Marked as best answer by ddddddddddeeee4444 on Mar 29, 2022

senorfranco

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ddddddddddeeee4444

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Reply 2 on: Mar 29, 2022
Thanks for the timely response, appreciate it


rleezy04

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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