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$770 today
$255,033.41
$316,692.52
$314,928.01
$255,043.97
exponential
static
linear
implied
$1,050
$2,050
$1,000
$1,005
$507,500.00
$405,745.93
$405,168.75
$402,500.00
A deposit of $500 earns 5 percent the first year, 6 percent
the second year, and 7 percent the third year. What would
be the third year future value?
Multiple Choice
$615.62
$595.46
$671.02
$634.91
$483,153.01
$507,593.74
$488,688.39
$450,000.00
multiplying.
discounting.
compounding.
computing.
$140.71
$814.20
$735.00
$135.00
$2,550
$3,150
$2,950
$2,850
$803.61
$910.84
$792.90
$899.23
$250.00
$245.00
$235.85
$265.00
$647.88
$712.50
$646.96
12 years
8 years
0.08 year
8.33 years
8 percent
14.4 percent
15.8 percent
12.2 percent
4 percent
100 percent
25 percent
18 percent
$555.56
$575.09
$525.87
$498.61
$475.00
$476.19
$525.00
$500.00
8 percent
100 percent
9 percent
12 percent
$515.42
$251.94
$150.00
the higher the interest rate, the shorter the time period
needed to achieve the growth.
the lower the interest rate, the shorter the time period
needed to achieve the growth.
89.00 percent
12.00 percent
0.89 percent
1.12 percent
2 percent
4 percent
104 percent
8 percent
0.77 percent
30.0 percent
77.0 percent
1.30 percent
budgets.
bills.
annuities.
$6,750.14
$6,241.09
$6,809.72
$6,616.38
What is the future value of an $800 annuity payment
over 15 years if the interest rates are 6 percent?
Multiple Choice
$1,917.25
$7,002.99
$18,620.78
$12,720.00
present value
payment
$9,615.38
$10,700.00
$10,000.00
$10,400.00
$943.40
$1,040.00
$1,000.00
$1,060.00
$1,938.96
$440.80
$1,197.81
$204.17
$5,769.06
$5,881.63
$5,619.52
$5,947.88
$21,089.37
$22,963.14
$24,444.44
$757.49
$3,145.28
$475.26
$2,079.06
$750.00
$1,000.00
$6.75
$675.00
$1,060.00
$1,040.00
$1,000.00
15.50 percent
15.63 percent
15.13 percent
14.97 percent
concept that is only used because the law requires it, and
is of no use to a borrower.
grows.
is independent of the monthly compounding.
decreases.
12.67 percent
10.00 percent
11.20 percent
10.47 percent