Question
What is the future value of a $10,000 investment, earning 12 percent interest per period, after three periods? (Round your answer to the nearest cent.)A.
What is the future value of a $10,000 investment, earning 12 percent interest per period, after three periods? (Round your answer to the nearest cent.)A. $7,117.80 C. $12,544.00B. $11,200.00 D. $14,049.285.
On an investment of $2,000, youll earn 10 percent interest per year compounded semiannually. What is the future value of this investment after one year?A. $2,205 C. $2,420B. $2,100 D. $4,500Suppose that you buy a $5,000 bond with a 12 percent annual coupon, payable semiannually on January 1 and July 1. On both January 1 and July 1, the bondholderwill receive $300, for a total annual interest payment of $600 ($300 + $300).Based on the principal and accrued interest only, how much would you expectto pay to purchase this bond on May 1?A. $5,200 C. $5,300B. $5,000 D. $5,600
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