If the interest rate is 10 percent per year, and you have $100,000 now, which of the following is closest to what your $100,000 will be worth in four years?
A) $175,000
B) $125,000
C) $146,000
D) $190,000
C
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Which of the following is an accurate statement?
a. Market allocation is illegal because it helps a business make a profit. b. Market allocation is illegal because it reduces competition. c. Market allocation is illegal because it is based on price-sensitivity. d. Market allocation is illegal because it is caused by elasticity of demand.
The four main components of the current account are:
a. services, financial assets, unilateral transfers, and debits. b. net exports, unilateral transfers, services, and domestic bank deposits abroad. c. government asset holdings abroad, foreign official assets, private bank deposits abroad, and merchandise. d. unilateral transfers, merchandise, services, and investment income. e. capital exports, services, merchandise, and royalties.