Assume you make monthly deposits of $200 starting 1 month from now into an account that pays 6% per year, compounded semiannually. If you want to know how much you will have after 4 years, the value of i you should use in the F?A factor, assuming no interperiod interest, is:
(a) 0.5%
(b) 3.00%
(c) 6.0%
(d) 12.0%
(b) 3.00%
Trades & Technology
You might also like to view...
A(n) ____ truss has a horizontal top chord parallel to the floor, which is used to form a hip roof.
A. cantilevered B. hip C. swing D. engineered
Trades & Technology
The part that will MOST-Likely warp, especially when a head gasket has failed because an engine has overheated, is the:
A. gasket B. cylinder head C. crankshaft D. plenum
Trades & Technology
In acid soils the principal chemical form of potassium available for plant uptake is ________
A) H2KO2- B) K+ C) P- D) HKO22- E) K2O
Trades & Technology
Where did the socialist reform movement of 1968 originate in eastern Europe?
a. East Berlin b. Prague c. Budapest d. Warsaw
Trades & Technology