An investment promises a rate of return of 8% per year, compounded quarterly. Which of the following formulas will correctly calculate the future value if you invest $10,000 for 20 years?





a) =FV(B2/B4,B3*B4,0,-B1)

b) =FV(B3/B4,B2/B4,0,-B1)

c) =FV(B3*B4,B2*B4,0,-B1)

d) =FV(B3/B4,B2*B4,0,-B1)


d) =FV(B3/B4,B2*B4,0,-B1)

Business

You might also like to view...

______ dialectic occurs when we desire openness in relationships, while maintaining privacy.

A. Stability–change B. Expression–privacy C. Integration–separation D. Revelation–concealment

Business

Although the presumed goal of a journalist is objectivity, pure objectivity is impossible

Indicate whether the statement is true or false

Business

Discuss the four common service recovery mistakes made by organizations

What will be an ideal response?

Business

An infinitive or participial phrase can contain a prepositional phrase

Indicate whether the statement is true or false

Business