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Author Question: If interest rates are 5%, which of the following will produce the largest amount of money in four years? (Read 29 times)

BrownTown3

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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
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Marked as best answer by BrownTown3 on Apr 25, 2021

jamesnevil303

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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.
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BrownTown3

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

momolu

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

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