If you invest $10,000 today at 10% interest, how much will you have in 10 years?
A) $13,860
B) $25,940
C) $3,860
D) $80,712
B) $25,940
= $10,000 × 2.594 = $25,940
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Perkins Services reported the following balances:
Compute earnings per share for 2018, price/earnings ratio for 2018, assuming the market price on December 31, 2018 is $37.50 per share, and the rate of return on common stockholders' equity for 2018.
(Show your computations and round to two decimal places.)
What is the difference between budget reserves and management reserves?
Fill in the blank(s) with the appropriate word(s).
Electronic signatures are not recognized by law
Indicate whether the statement is true or false
BW Department Store expects to generate the following sales for the next three months: JulyAugustSeptemberExpected sales$490,000$540,000$580,000BW's cost of goods sold is 60% of sales dollars. At the end of each month, BW wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold. What dollar amount of merchandise inventory should BW plan to purchase in August?
A. $314,600 B. $352,800 C. $330,000 D. $327,800