Homework Answers
FV = PV(1+r)^n
FV = 240(1+0.08)^8
FV = 240(1.85093021)
FV = 444.22325
Therefore Future Value = 444.22
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How much would be in your savings account in eight years after depositing $240 today if...
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needing help
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HELP
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needing help
day if the 7 years after depositing 100 20 How much would be in your wavings pays 5 percent interest per year? A) 5735.00 B) SI35.00 C) 140.71 D) 5814.20 2) A deposit or 5500 earns the following interest rates 5 percent in the first year Opercent in the second year, and percent in the third year. What would be the third year future Value A) 5527.14 B) 5595.00 C) S1595.00 D) 5601.02 20 What is the present...
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