Solved

If $2,000 Is Invested at the End of Every Three

Question 92

Multiple Choice

If $2,000 is invested at the end of every three months, what will be the total value after 10 years? The investments earn 13% compounded annually.


A) $96,748
B) $159,643
C) $129,067
D) $154,359
E) $143,836

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