The future value of $7,000 deposited today and compounded quarterly at a 16% annual interest rate for five years is
A) $14,724.
B) $14,702.
C) $8,517.
D) $15,338.
D
You might also like to view...
Answer the following statements true (T) or false (F)
Information economics research is usually inductive in nature.
What is the advantage of using information provided by demographic data market research
firms rather than government sources? A) The information obtained from government sources is less accurate than that from market research firms. B) Information from government sources is subjective and biased. C) Market research firms can provide more detailed information than government sources. D) Market research firms provide data for free, unlike government research sources.
The Taft-Hartley Act gives the president of the United States the right to seek an injunction against a strike that would create a national emergency
Indicate whether the statement is true or false
Qualitative forecasting methods are most appropriate when
A) there is good historical data available. B) there is little historical data available. C) experts do not have critical market intelligence. D) forecasting demand into the near future.