N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 2.0300 1.91347 2.0909 1.97087 3.0909 2.82861 3.1836 2.91347 4.1836 3.71710 4.3091 3.82861 1.15927 O.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 5. 5.3091 4.57971 5.4684 4.71710 6.4684 5.41719 6.6625 5.57971 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 13.1920 9.53020 11 |1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 0.66112 12.8078 9.25262 14.1920 9.95400 14.6178 10.25262 15.6178 10.63496 | 16.0863 |10.95400 17.0863 11.29607 18.5989 11.93794 | 19.1569 |12.29607 20.1569 12.56110 17,5989 11.63496 15 1.55797 l0.64186 20.7616 12.93794 16 1.60471 0.62317 Today. Thomas deposited $190,000 in a 2-year, 12% CD that compounds quarterly What is the maturity value of the CD? < Prev 3 of 15 Next >
N FV $1 PV $1 FVA $1 PVA $1 FVAD $1 PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 1.06090 0.94260 3 1.09273 0.91514 4 1.12551 0.88849 2.0300 1.91347 2.0909 1.97087 3.0909 2.82861 3.1836 2.91347 4.1836 3.71710 4.3091 3.82861 1.15927 O.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 5. 5.3091 4.57971 5.4684 4.71710 6.4684 5.41719 6.6625 5.57971 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 11.4639 8.53020 11.8078 8.78611 13.1920 9.53020 11 |1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 0.66112 12.8078 9.25262 14.1920 9.95400 14.6178 10.25262 15.6178 10.63496 | 16.0863 |10.95400 17.0863 11.29607 18.5989 11.93794 | 19.1569 |12.29607 20.1569 12.56110 17,5989 11.63496 15 1.55797 l0.64186 20.7616 12.93794 16 1.60471 0.62317 Today. Thomas deposited $190,000 in a 2-year, 12% CD that compounds quarterly What is the maturity value of the CD? < Prev 3 of 15 Next >
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
Related questions
Question

Transcribed Image Text:|- Chapter 5
Saved
Help
N
FV $1
PV $1
FVA $1
PVA $1
FVAD $1
PVAD $1
1.03000 0.97087
2 1.06090 0.94260
1.0000
0.97087
1.0300
00000
2.0300
1.91347
2.0909
1.97087
3 1.09273 0.91514
4 1.12551 0.88849
5 1.15927 0.86261
3.0909
2.82861
3.1836
2.91347
4.1836
3.71710
4.3091
3.82861
5.3091
4.57971
5.4684
4.71710
6 1.19405 0.83748
6.4684
5.41719
6.6625
5.57971
6.41719
71.22987 0.81309
8 1.26677 0.78941
9 1.30477 0.76642 | 10.1591
7.6625
6.23028
7.8923
8.8923
7.01969
9.1591
7.23028
7.78611
10.4639
8.01969
10 1.34392 0.74409
11.4639
8.53020
11.8078
8.78611
9.53020
11 |1.38423 0.72242
12 1.42576 0.70138 | 14.1920
13 1.46853 0.68095| 15.6178 10.63496
12.8078
9.25262
13.1920
9.95400
14.6178 10.25262
16.0863 |10.95400
17.5989 11.63496
14 4.51259 0.66112 17.0863 11.29607
15 1.55797 0.64186
19.1569 |12.29607
20.7616 12.93794
18.5989 11.93794
16 1.60471 0.62317| 20.1569 |12.56110
Today. Thomas deposited $190,000 in a 2-year, 12% CD that compounds quarterly. What is the maturity value of the CD?
< Prev
3 of 15
Next >

Transcribed Image Text:Multiple Choice
$240,686.
$201,400.
$310.700.
$329.360
< Prev
3 of 15
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