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Author Question: Mary wants to have $150 after four years by depositing $100 today and earning six percent interest ... (Read 68 times)

burchfield96

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on: Nov 11, 2019
Mary wants to have $150 after four years by depositing $100 today and earning six percent interest compounded annually for the next six years. Can Mary attain her financial goal of having $150 lump sum six years later?
◦ No, present value is less than $150.
◦ No, future value is less than $150.
◦ Yes, future value is more than $150.
◦ Yes, present value is more than $150.
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
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Marked as best answer by burchfield96 on Nov 11, 2019

chereeb

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Reply #1 on: Nov 11, 2019
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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burchfield96

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Reply 2 on: Nov 11, 2019
:D TYSM

upturnedfurball

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

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