What is the future value of $7,189 invested for 23 years at 9.25 percent compounded annually?
A. $22,483.60
B. $27,890.87
C. $38,991.07
D. $51,009.13
E. $54,999.88
Ans: E. $54,999.88
Business
You might also like to view...
What type of data structure allows us to organizemulti-dimensional information from a data warehouse so that it can be viewed using different data abstractions (or projections)?
a. Neural network b. Click stream c. Data cube d. Executive dashboard e. Decision support system
Business
When an overseas banking operation is incorporated within the parent bank, what is it called?
A) subsidiary bank B) branch bank C) affiliated bank D) correspondent bank
Business