The future value of $200 received today and deposited for three years in an account which pays semiannual interest of 8 percent is:
A) $253
B) $252
C) $158
D) $134
E) $248
A
You might also like to view...
Customer checks received at the client company should be restrictively endorsed within one week of receipt in the mail
a. True b. False Indicate whether the statement is true or false
A minor who does not misrepresent his or her age can disaffirm negotiable instruments
Indicate whether the statement is true or false
The inventory turnover of Long Corporation is 16, and its closing inventory is $20,000. Assuming there are 360 days in a year, the company's inventory conversion period is:?
A. ?22.50 days. B. ?24.25 days. C. ?32.50 days. D. ?42.75 days. E. ?50.75 days.
The World Health Organization's Framework Convention on Tobacco Control constitutes a comprehensive ban on:
a. tobacco sale. b. tobacco use in public places. c. tobacco advertising. d. All of the above