Question 1:How much would a $1350 investment be worth after 10 years if it earns 8% annumcompounded annually?A-$2893,84B-$2980.85C-$ 2958.02D-$ 2914.55Question 2:How much would a $500 investment be worth after years if it earns 10% per annumcompounded semi- annually?A-$ 897.93B- $885.78C-$ 995.28D- $904.36Question 3:How much would a $20 000 investment be worth after 5 years if it earms 10% per annumcompounded quarterly?A- $32 577.89B- $32 772.33C- $32 017.97D- $32 210.20Question 4:How much would a $7200 investment be worth after 11 years if it earns 6% per annumcompounded monthly?A- $13 907.61B- $13 795.94C- $14 003.26D- $13 667.75Question 5:How much would a $2048 investment be worth after 32 years if it earns 6.4% per annumcompounded annually?A- $15 621.57B-$15 375.55C- $15 795.92PageQ +1.D- $14.909.46

Investment is act of allocating resources with the expectations of generating income.

Answered: O years if it eams 8% annum

Business

Accounting

O years if it eams 8% annum

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 18E

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