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

Author Question: What is the future value of $16.54 after two years if these funds can be invested to earn 5.5%, ... (Read 72 times)

mia

  • Hero Member
  • *****
  • Posts: 564

Question 1

The table shows a series of deposits at different dates into a savings account. If the account pays 10.5% interest (compounded annually), what is their future value at year 6? 

YearCash Flow
1$35,000
2$7,000
3$13,000
4$15,000
5$5,000

◦ $109,477.35
◦ $99,074.53
◦ $75,000.00
◦ $107,569.55
◦ $97,790.50

Question 2

What is the future value of $16.54 after two years if these funds can be invested to earn 5.5%, compounded annually?
◦ $18.24
◦ $18.36
◦ $18.58
◦ $18.50
◦ $18.41


Related Topics

Need homework help now?

Ask unlimited questions for free

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

coyin

  • Sr. Member
  • ****
  • Posts: 334
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 39% of students answer this correctly




mia

  • Member
  • Posts: 564
Reply 2 on: Apr 25, 2021
Wow, this really help


zacnyjessica

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

For a complete list of videos, visit our video library