When using a financial calculator, which of the following is a correct way to find the future value of $200 deposited today in an account for four years paying annual interest of 2% compounded quarterly?
A) N=16, i=.005, PV=200, PMT=0, solve for FV
B) N=4, i=.5, PV=200, PMT=0, solve for FV
C) N=16, i=.5, PV=-200, PMT=0, solve for FV
D) N=16, i=.03, FV=-200, PMT=0, solve for PV

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The Answer of When using a financial calculator, which of the following is a correct way to find the future value of $200 deposited today in an account for four years paying annual interest of 2% compounded quarterly?
A) N=16, i=.005, PV=200, PMT=0, solve for FV
B) N=4, i=.5, PV=200, PMT=0, solve for FV
C) N=16, i=.5, PV=-200, PMT=0, solve for FV
D) N=16, i=.03, FV=-200, PMT=0, solve for PV

When Using a Financial Calculator, Which of the Following Is