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Author Question: The future value of 200 received today and deposited for three years in an account which pays ... (Read 144 times)

notis

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  • 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


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maaaaaaaaaa

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Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

D


notis

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  • Posts: 596
Reply 2 on: Jul 10, 2018
Thanks for the timely response, appreciate it

Jsherida

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

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