What is the future value of $2,968 invested for 9 years at 4.9 percent compounded annually? a. $3,680.90 b. $4,565.03 c. $3,690.38. d. $7,021.38 e. $6,884.70
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- What is the future value of $3,078 invested for 8 years at 6 percent compounded annually? Multiple Choice O O O O $7,819.20 $7,621.01 $3,885.90 $4,905.86 $3,899.12What is the future value of $2,000 invested at the beginning of each year for six years at 4%? a. $13,796.59 Ob.$13,286.11 C. $14,426.67 Od. $14,020.33What is the future value of a lump sum of $18,443 invested for 15 years at 3.2 percent compounded annually? $29,581.97 $348,092.67 $29,786.22 $400,306.57
- What will be the future value of $5 000 invested for six years at 8% per annum compounded annually? Select one: a. $7 543.46 b. $7 923.37 c. $7 934.37 d. $6 532.81If $11,000 is invested at an annual rate of 6.5% compounded continuously, find the future value after 7 1/2 years. $17,840.60 $17,910.65 $17,887.10 $13,511.52 $16,362.50General Accounting
- If you invested $10,000 for ten years at 6% p.a. compounded monthly, how much in total would you have after ten years? Select one: a. $17,908.48 b. $18,391.79 c. $18,193.97 d. $24,616.44Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent. $11,000 for 7 months; money earns 5% A. $10,688.26 B. $10,731.71 C. $311.74 D. $10,476.19What is the future value of $2,575 per year for 17 years at an interest rate of 6.69 percent?Multiple Choicea. $73,613.44B. $69.984.94 C. $74,578.42D. $73,883.59E. $77.241.93
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