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Author Question: 100 is received at the beginning of year 1, 200 is received at the beginning of year 3. If these ... (Read 98 times)

notis

  • Hero Member
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  • Posts: 596
on: Jul 10, 2018
100 is received at the beginning of year 1, 200 is received at the beginning of year 3. If these cash flows are deposited at 12 percent, their combined future value at the end of year three is: (Round to the nearest whole dollar)
 
  A) 672
  B) 536
  C) 427
  D) 364
  E) 489

Question 2

When buying on margin, the amount of money provided by the investor is called:
 
  A) Collateral
  B) Margin
  C) Capital
  D) Order
  E) Cash


wergv

  • Sr. Member
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  • Posts: 365
Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

B


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