The future value of $100 received today and deposited in an account for four years paying semiannual interest of 6 percent is:
A) $450
B) $126
C) $889
D) $134
E) $124
B
You might also like to view...
Define the concept of security in the digital age. Name at least three specific measures that one could take to prevent security breaches on the Internet.
What will be an ideal response?
The cost reconciliation report has two sections: "Costs to be accounted for" followed by "Costs accounted for". The "Costs accounted for" portion of the cost reconciliation report includes the cost of beginning work in process inventory and the costs added during the period.
Answer the following statement true (T) or false (F)
"Nakumatt" is a supermarket chain in:
A) Kenya. B) India. C) Japan. D) Korea. E) Indonesia.
Which of the following pieces of legislation required public corporations to provide annual financial reports to their stockholders?
a. The Public Information Act b. The Securities Act of 1933 c. The 10-K Act of 1934 d. The Securities Exchange Act of 1934 e. The Federal Trade Commission Act