What is the future value of $2,500 invested for 3 years at an interest rate of 11% p.a.compounded semi- annually?
A) $5,611
B) $4,429
C) $4,676
D) $3,447
Correct Answer:
Verified
Q5: What is the present value of an
Q6: The future value in 10 years of
Q7: At the end of a 5- year
Q8: Which of the following statements is true?
A)Simple
Q9: What is X in the formula X
Q11: Asset A provides a cash flow of
Q12: Which of the following will yield the
Q13: What is the future value of $500
Q14: What is the future value of $3,400
Q15: What does the equation, (1 + r/m)m
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents