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
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Question
You deposit $2X today, $3X one year from now and $3X two years from now. If there are different annual
Transcribed Image Text:You deposit $2X today, $3X one year from now and $3X two years from now. If there are different annual compounding
interest rates per period as shown in the diagram below and if you had $19803 at the end of year 3, what is the value of X?
F=19803
5%
10%
15%
$2X
$3X
$3X
Select one:
а. 3500
O b. 2000
О с. 10000
O d. 3000
O e. 5000
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