Author Question: If Cindy deposits 12,000 into a bank account that pays 6 interest compounded semiannually, what ... (Read 82 times)

tfester · **on:** Jul 11, 2018

If Cindy deposits 12,000 into a bank account that pays 6 interest compounded semiannually,
what will the account balance be in seven years?

A) 16,987 B) 18,151 C) 15,555 D) 14,356

Question 2

The weighted average cost of capital is estimated as Kc = wdKd + wpKp + weKe, where the w's represent the weights. The weights must sum to more than one so that the manager can then subtract taxes from the equation.

Indicate whether the statement is true or false