What is the future value of $450 at an interest rate of 9 percent two years from today?
a. $534.65
b. $546.35
c. $565.18
d. $574.13
a
Economics
You might also like to view...
Investment spending tends to be closely related to the current pace of economic growth
Indicate whether the statement is true or false
Economics
Entrepreneurs do all of the following EXCEPT
A) organize labor, land, and capital. B) come up with new ideas about what and how to produce. C) bear risk from business decisions. D) own all the other resources used in the production process.
Economics