Solved

Find the Value of $1,000 Left on Deposit for 13

Question 142

Multiple Choice

Find the value of $1,000 left on deposit for 13 years at an annual rate of 7%, compounded quarterly.


A) $2,466.25
B) $2,473.85
C) $2,639.38
D) $2,466.85
E) $2,464.85

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents