Friday 12 October 2012

20) Which of the following will result in a future value greater than $100?

20) Which of the following will result in a future value greater than $100? 3
A) PV = $50, r = an annual interest rate of 10%, and n = 8 years.
B) PV = $75, r = an annual interest rate of 12%, and n = 3 years.
C) PV = $90, r = an annual interest rate of 14%, and n = 1 year.
D) All of the future values are greater than $100.


CLICK HERE TO GET THE ANSWER !!!!

No comments:

Post a Comment