Given a 10 percent interest rate, compute the year 9 future value if deposits of $10,000 and $20,000 are made in years 1 and 5 respectively, and a withdrawal of $5,000 is made in year 7.
A. $46,585.66
B. $44,667.89
C. $45,103.47
D. $47,002.89
Answer: B
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a. total assets decrease. b. liabilities increase. c. total assets are unchanged. d. net income is unchanged.
A systemic risk is a risk that
A) can be eliminated through diversification. B) can be the cause of the collapse of an entire system. C) can be insured privately. D) can be easily contained so that it does not spread.
Which of the following is the value of the test statistic for testing H0 : ?1 = 0 vs. H1 : ?1 ? 0?
A) 2.36 B) 3.01 C) 2.48 D) 2.71
Many employers encourage their workers to participate in the company's retirement plan by offering a _________ equal to all or a portion of the amount the employee contributes into the plan
a. tax-deduction b. raise c. bonus d. matching contribution