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Author Question: What is the future value of $16.54 after two years if these funds can be invested to earn 5.5%, ... (Read 62 times)

mia

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  • Posts: 564
on: Apr 25, 2021

Question 1

The table shows a series of deposits at different dates into a savings account. If the account pays 10.5% interest (compounded annually), what is their future value at year 6? 

YearCash Flow
1$35,000
2$7,000
3$13,000
4$15,000
5$5,000

◦ $109,477.35
◦ $99,074.53
◦ $75,000.00
◦ $107,569.55
◦ $97,790.50

Question 2

What is the future value of $16.54 after two years if these funds can be invested to earn 5.5%, compounded annually?
◦ $18.24
◦ $18.36
◦ $18.58
◦ $18.50
◦ $18.41
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Marked as best answer by mia on Apr 25, 2021

coyin

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Reply #1 on: Apr 25, 2021
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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mia

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

aruss1303

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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