The future value of a $2,000 annuity due deposited at 8 percent compounded annually for each of the next 10 years is ________

A) $28,974
B) $31,291
C) $14,494
D) $13,420

B

Business

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Compounding interest assumes the interest on an investment is reinvested

Indicate whether the statement is true or false.

Business

EPA's initial inventory of existing chemicals, completed in 1980, listed approximately how many chemicals?

A) 5,000 B) 55,000 C) 189 D) 1,890,000

Business