Question
Peter earns an interest rate of 2.75% on a $15,000 savings account. Calculate the future value of this amount if the investor keeps it for
Peter earns an interest rate of 2.75% on a $15,000 savings account. Calculate the future value of this amount if the investor keeps it for 7 years?
Question 48 options:
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$ 9000 |
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$ 12,405.62 |
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$ 1000.2 |
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$ 18,136.94
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor L Bernard
3rd Edition
0324118945, 9780324118940
