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Home Q & A Board Other Fields Homework Help Business Accounting
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twylla01 twylla01
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5 years ago
You decide to deposit $4000 at a local bank for two years at a 5% rate of interest compounded annually. What is the future value of your investment? (Do not round any intermediary calculations, and round your final answer to the nearest dollar.)
A) $4000
B) $4200
C) $4418
D) $4410
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
Authors:
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irishman152irishman152
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#1
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5 years ago
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twylla01 Author
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#2
5 years ago
Oh god, I was lost before coming here. Thanksss
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#3
5 years ago
Great, make sure you mark the topic solved, it hides it from other eyes Slight Smile
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