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

Author Question: If interest rates are 5%, which of the following will produce the largest amount of money in four years? (Read 51 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Apr 25, 2021

Question 1

If $100 is placed in an account that earns a nominal 4%, compounded quarterly, what will it be worth in 5 years?
◦ $122.02
◦ $105.10
◦ $135.41
◦ $120.90
◦ $117.48

Question 2

If interest rates are 5%, which of the following will produce the largest amount of money in four years?
◦ $500 earning simple interest
◦ $400 with interest compounded annually
◦ $300 with interest compounded semiannually
◦ $100 with interest compounded quarterly
◦ $25 with interest compounded monthly
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by BrownTown3 on Apr 25, 2021

jamesnevil303

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Apr 25, 2021
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.
Answer Preview
Only 56% of students answer this correctly


BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

kswal303

  • Member
  • Posts: 316
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Stellar Birth Rates Stellar Birth Rates
Because of the high physical activity and the amount of energy expended by the brains of 2- to ... Because of the high physical activity and the amount of energy expended by the brains of 2- to ...
Cancer Survival Rates According to Psychological Response to Diagnosis Cancer Survival Rates According to Psychological Response to Diagnosis
A demonstration engine showing the amount of water that can be circulated through the cooling ... A demonstration engine showing the amount of water that can be circulated through the cooling ...
An AC voltage is produced by a magnetic sensor. Most sensors should produce at least 0.1 volt AC ... An AC voltage is produced by a magnetic sensor. Most sensors should produce at least 0.1 volt AC ...
The developing and emerging nations have high rates of population growth The developing and emerging nations have high rates of population growth
Video: Neuron Structure Animation

For a complete list of videos, visit our video library