Suppose that you place $450 in a bank account each year for the next 20 years. How much would be in your bank account at the end of the twentieth year if the deposits earned an annual rate of return of 6% each year?

A) $9,540.00
B) $10,876.31
C) $14,729.44
D) $16,553.52

Answer: D

Business

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In typical mass-production or assembly operations, employees perform the same tasks repeatedly; moreover, the programmed solutions needed to perform a task efficiently have been identified and refined

Indicate whether the statement is true or false

Business

Which of the following is an automated method that can be used to find the set of variables with the largest Adjusted R2 in a multiple regression model?

A) best-subsets regression B) ANOVA C) the method of least squares D) standardized residuals

Business