« previous next »

Author Question: What is the future value of 1 (i) after 18 years if the interest rate is 4 percent, (ii) after 12 ... (Read 52 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
What is the future value of 1 (i) after 18 years if the interest rate is 4 percent, (ii) after 12 years if the interest rate is 6 percent, (iii) after 9 years if the interest rate is 8 percent, and (iv) after 6 years if the interest rate is 12
 
  percent?

Question 2

The Trans-Pacific Partnership (TPP) is an agreement between the United States and ________ that was meant to reduce trade barriers.
 
  A) South America B) the European Union
  C) China D) eleven other countries


bigsis44

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

(i) 1 x (1.04)18 = 2.03
(ii) 1 x (1.06)12 = 2.01
(iii) 1 x (1.08)9 = 2.00
(iv) 1 x (1.12)6 = 1.97

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
“Mission Accomplished” proclaimed the banner on the USS Abraham Lincoln, where on May 1, 2003, Presi “Mission Accomplished” proclaimed the banner on the USS Abraham Lincoln, where on May 1, 2003, Presi
Toddler: 1–3 years. Toddler: 1–3 years.
Twenty percent of the automobiles inspected at a state inspection station required repairs to ... Twenty percent of the automobiles inspected at a state inspection station required repairs to ...
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Earth 600 Million Years Ago Earth 600 Million Years Ago
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library