This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The future value of 100 received today and deposited at 6 percent for four years is: (Round to the ... (Read 162 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jul 10, 2018
The future value of 100 received today and deposited at 6 percent for four years is: (Round to the nearest whole dollar)
 
  A) 126
  B) 79
  C) 124
  D) 116
  E) 106

Question 2

A British consol bond can be considered a type of perpetuity.
 
  Indicate whether the statement is true or false.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cuttiesgirl16

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

Answer: TRUE


Anajune7

  • Member
  • Posts: 574
Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

During drought years on the Galapagos, small, easily eaten seeds become rare, le During drought years on the Galapagos, small, easily eaten seeds become rare, le
World Population Growth, Past 10,000 years World Population Growth, Past 10,000 years
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ... A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ...
Icant keep calm, today is my due date Icant keep calm, today is my due date
Calculate the distance from point R(17,5) to the line ... Round to the nearest tenth of a Calculate the distance from point R(17,5) to the line ... Round to the nearest tenth of a
Video: Cell mediated immune response to a viral infection Animation

For a complete list of videos, visit our video library