if you invest £721 for 2 years at a rate of 19% compound interest what will be its value at the end? Answer: 986.58 X an investment of £1265 pays interest at 11% but payable semi-annually. what is the amount after 3 years? Answer: 1679.48 x an investment of £1317 pays interest at 10% 'but payable quarterly what is the amount after 6 years? Answer: 2244.04 X

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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if you invest £721 for 2 years at a rate of 19% compound interest what will be its value at
the end?
Answer: 986.58 X
an investment of £1265 pays interest at 11% but payable semi-annually. what is the
amount after 3 years?
Answer: 1679.48 x
an investment of £1317 pays interest at 10% 'but payable quarterly what is the amount
after 6 years?
Answer: 2244.04 X
Transcribed Image Text:if you invest £721 for 2 years at a rate of 19% compound interest what will be its value at the end? Answer: 986.58 X an investment of £1265 pays interest at 11% but payable semi-annually. what is the amount after 3 years? Answer: 1679.48 x an investment of £1317 pays interest at 10% 'but payable quarterly what is the amount after 6 years? Answer: 2244.04 X
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