This topic contains a solution. Click here to go to the answer

Author Question: The future value of 200 received today and deposited for three years in an account which pays ... (Read 98 times)

notis

  • Hero Member
  • *****
  • Posts: 596
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
Answer to Question 1

A

Answer to Question 2

D




notis

  • Member
  • Posts: 596
Reply 2 on: Jul 10, 2018
Wow, this really help


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

For a complete list of videos, visit our video library