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You were given $1000 for your high school graduation. You invest it in a bank that will give you 7% interest annually. How much do
- You were given $1000 for your high school graduation. You invest it in a bank that will give you 7% interest annually. How much do you have in 4 years when you graduate from college?
- What is the future value of $5000 at 9% interest compounded annually over 10 years?
3. You purchase a US Savings bond for $2000 that offers an annual interest rate 5%. How much is it worth after 20 years?
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Performance Measurement In Finance
Authors: John Knight, Stephen Satchell, Nathalie Farah
1st Edition
0750650265, 978-0750650267
