Jane has $3,200 she wants to invest in stocks. She has found an investment that she believes will earn a 9% annual return. What will be the value of Jane's investment in 20 years if she is correct?
A) $17,933
B) $16,512
C) $14,915
D) $21,526
Answer: A
Explanation: A) $3,200 × 5.604 (FVIF) = $17,933
You might also like to view...
Big Data from ________, such as Cartwheel from Target, can be used to assist customers in finding in-store deals and provides opportunities for retailers to maximize the value of in-store shopping experiences.
A. business systems B. commercial entities C. mobile apps D. Internet-connected devices E. government agencies
A Limited liability company (LLC) is taxed at the entity level
Indicate whether the statement is true or false
A hiring agent offers a scientist approximately the same salary, facilities, equipment, and shared laboratory with 10 highly skilled and enthusiastic scientists. Part of the job is to collaborate with these peers and jointly develop promising drug compounds. This structure will create greater firm loyalty than one in which the hiring agent offers only monetary compensation.
Answer the following statement true (T) or false (F)
Federal law permits the intentional interception of any wire, oral, or electronic communication
Indicate whether the statement is true or false