The future value of a $2,000 annuity due deposited at 8 percent compounded annually for each of next 10 years is: (Round to the nearest whole dollar)
A) $28,974
B) $31,291
C) $14,494
D) $13,420
B
You might also like to view...
Which of the following statements about documenting data is not accurate?
A) Documenting data can strengthen your argument. B) Documenting data protects you from charges of plagiarism. C) Documenting data is not necessary if you put the information in your own words. D) Documenting data helps the reader pursue the topic further and make use of the information.
It is not uncommon for firms to attempt to gain secrets from their competitors by hiring away their employees.
Answer the following statement true (T) or false (F)
Consumers have a responsibility to preserve an effective macro-marketing system.
Answer the following statement true (T) or false (F)
The opening balance in your checking account was $1000
During the month you had the following activity: wrote two checks for $45.00 and $75.00 but only the first one cleared; had two debit card transactions for $50 and $35.20; received a bank charge for the account of $6, deposited a check you received from a friend for $100 but it did not clear by month end. What is your month end account balance? A) $1052.13 B) $875.45 C) $863.80 D) $888.80