Question
1.If Bette N. invested $5,000 15 years ago and she now has $25,000, what was the annual rate of interest she earned during this time?
1.If Bette N. invested $5,000 15 years ago and she now has $25,000, what was the annual rate of interest she earned during this time?
$10,000.00
$13,439.16
$13,382.26
$13,192.87
2.What is the future value of $10,000 invested for 5 years at 6 percent compounded semi-annually?
$10,000.00
$13,382.26
$13,192.87
$13,439.16
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Modern Portfolio Theory and Investment Analysis
Authors: Edwin Elton, Martin Gruber, Stephen Brown, William Goetzmann
9th edition
9781118805800, 1118469941, 1118805801, 978-1118469941
