Top Posters
Since Sunday
o
1
1
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Kwami Kwami
wrote...
Go to Answer
Posts: 588
Rep: 0 0
7 years ago
Future Value of 1
Periods   2%   4%   8%   12%
1   1.0200   1.0400   1.0800   1.1200
2   1.0404   1.0816   1.1664   1.2544
3   1.0612   1.1249   1.2597   1.4049
4   1.0824   1.1699   1.3605   1.5735
5   1.1041   1.2167   1.4693   1.7623
6   1.1262   1.2653   1.5869   1.9738
7   1.1487   1.3159   1.7138   2.2107
8   1.1717   1.3686   1.8509   2.4760
9   1.1951   1.4233   1.9990   2.7731
10   1.2190   1.4802   2.1589   3.1058

Future Value of an Annuity of 1
Periods   2%   4%   8%   12%
1   1.0000   1.0000   1.0000   1.0000
2   2.0200   2.0400   2.0800   2.1200
3   3.0604   3.1262   3.2464   3.3744
4   4.1216   4.2465   4.5061   4.7793
5   5.2040   5.4163   5.8666   6.3528
6   6.3081   6.6330   7.3359   8.1152
7   7.4343   7.8983   8.9228   10.8090
8   8.5830   9.2142   10.6366   12.2997
9   9.7546   10.5828   12.4876   14.7757
10   10.9497   12.0061   14.4866   17.5487

What amount of interest is earned on $2,000 at 8% interest compounded quarterly for two years?
A) $2,160.00
B) $   343.40
C) $   332.80
D) $   339.80
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
Read 70 times
2 Replies
Replies
Answer verified by a subject expert
hol23hol23
wrote...
#1
Posts: 373
Rep: 0 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Kwami Author
wrote...
#2
7 years ago
This really helped
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  835 People Browsing
 143 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 423
  
 4451
  
 2219
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 432
Previous poll results: Which is the best fuel for late night cramming?