If the current rate of interest is 8% APR, then the future value of an investment that pays $250 per quarter and lasts 20 years is closest to: $48,443 $9936 $18,519 $20,000
If the current rate of interest is 8% APR, then the future value of an investment that pays $250 per quarter and lasts 20 years is closest to: $48,443 $9936 $18,519 $20,000
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 9EA: If you invest $12,000 today, how much will you have in (for further Instructions on future value in...
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Question
- If the current rate of interest is 8% APR, then the
future value of an investment that pays $250 per quarter and lasts 20 years is closest to:
$48,443 |
||
$9936 |
||
$18,519 |
||
$20,000 |
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