1.   At what rate must RM50,000 to grow to 406,855 in 15 years compounded annually? Select one: a. 19% b. 20% c. 18% d. 15%   2.How long RM152,091.826 grow to RM708,900 with a 8% compounded annually? Select one: a. 12 years b. 15 years c. 20 years d. 10 years   3.If you deposit RM15,000 in an account earning 12%, how much would you have in the account after 15 years? Select one: a. RM87,869 b. RM83,456 c. RM82,104 d. RM82,879   4.If you deposit RM3,305 in an account earning 12%, how much would you have in the account after 15 years? Select one: a. RM18,090 b. RM23,456 c. RM12,879 d. RM17,869   5.If you deposit RM5,072 in an account earning 9%, how much would you have in the account after 15 years? Select one: a. RM18,474.76 b. RM17,869.90 c. RM12,879.67 d. RM23,456.89

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
icon
Related questions
Question

1.   At what rate must RM50,000 to grow to 406,855 in 15 years compounded annually?

Select one:

a. 19%

b. 20%

c. 18%

d. 15%

 

2.How long RM152,091.826 grow to RM708,900 with a 8% compounded annually?

Select one:

a. 12 years

b. 15 years

c. 20 years

d. 10 years

 

3.If you deposit RM15,000 in an account earning 12%, how much would you have in the account after 15 years?

Select one:

a. RM87,869

b. RM83,456

c. RM82,104

d. RM82,879

 

4.If you deposit RM3,305 in an account earning 12%, how much would you have in the account after 15 years?

Select one:

a. RM18,090

b. RM23,456

c. RM12,879

d. RM17,869

 

5.If you deposit RM5,072 in an account earning 9%, how much would you have in the account after 15 years?

Select one:

a. RM18,474.76

b. RM17,869.90

c. RM12,879.67

d. RM23,456.89

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 6 steps with 5 images

Blurred answer
Knowledge Booster
Present Value
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education