The future value of $50,000 deposited today and compounded quarterly at an 8% annual interest rate for seven years is
A. $57,434.
B. $87,051.
C. $85,691.
D. $78,000.
Answer: B
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Mildred desires to have $7,049 on deposit five years from today. If she has $4,000 to deposit, what rate of interest, compounded annually, must be obtained to accumulate the desired $7,049 in five years?
A. 12% B. 10% C. 9% D. 8%
Calculate the amount of interest you'll have at the end of the indicated period.You invest $14,000 in an account that pays simple interest of 2% for 1 year.
A. $14,280 B. $420 C. $280 D. $28
Evaluate.10a, for a = 10
A. 99 B. 100 C. 101 D. 20
Bronfenbrenner's bioecological approach proposes that society, types of governments, religious value systems, and political value systems are all part of the what?
A. mesosystem B. microsystem C. exosystem D. macrosystem