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pirex pirex
wrote...
Posts: 634
6 years ago
If an asset has a present value of $50 and appreciates at an interest rate of 4%, what is the asset's future value in 47 compounding periods?
A) Approximately $400
B) Approximately $316
C) Approximatley $137
D) Approximately $1143
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 33 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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Answer verified by a subject expert
TecShdwTecShdw
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Posts: 432
Rep: 0 0
6 years ago
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pirex Author
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6 years ago
Just got PERFECT on my quiz
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Yesterday
Thanks
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2 hours ago
You make an excellent tutor!
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