Question
1. What will a deposit of $4,500 at 10% compounded semiannually be worth if left in a bank for six years? a. $7,972.02PV4500 b. $7,959.55FV$8,081.3510/2500*6
1. What will a deposit of $4,500 at 10% compounded semiannually be worth if left in a bank for six years?
a. $7,972.02PV4500
b. $7,959.55FV$8,081.3510/2500*6
c. $8,081.55NPER6
d. $8,181.55RATE10%Ans $8,081.35
PMT
2. What will a deposit of $5,000 at 10% compounded semiannually be worth if left in the bank for six years?
a. $8,979.28
b. $7,959.55PV 5000
c. $8,081.55FV?
d. $8,857.80 NPER6
RATE 10%10%
PMT
3. What will a deposit of $10,000 at 10% compounded semiannually be worth if left in the bank for six years?
a. $13,400.95
b. $17,958.56
c. $17,715.61
d. $31,384.28
4. What will a deposit of $10,000 at 11% compounded quarterly be worth if left in the bank for six years?
a. $61,650.00
b. $19,176.26
c. $122,391.56
d. $123,300
5. What will a deposit of $10,000 at 12% compounded quarterly be worth if left in the bank for six years?
a. $19,738.22
b. $151,786.28
c. $11,940.52
d. $20,327.94
6. What will a deposit of $10,000 at 9% compounded quarterly be worth if left in the bank for six years?
a. $17,057.66
b. $16,771.00
c. $79,110.83
d. $11,428.25
7. What will a deposit of $10,000 at 9% compounded quarterly be worth if left in the bank for five years?
a. $15,605.09
b. $15,386.23
c. $11,176.77
d. $56,044.10
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