Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. assume you invest $10,000 today. how much will you

Assume you invest $10,000 today. How much will you have in four years...

60.1K

Verified Solution

Question

Accounting

image

Assume you invest $10,000 today. How much will you have in four years at an interest rate of 8%? Future Value of $1 : A. $14,120 B. $13,600 C. $14,690 D. $12,600

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Briefly explain the concept of a balanced scorecard. Why are non-financial performance measures important? ZY Airlines is...

Basic Math
1.2K views

This exercise uses the radioactive decay model.Radium-221 has a half-life of 30 sec. How long...

Statistics
1.2K views

0 a b IQ scores of people from around the world are normally distributed with...

Calculus
1.2K views

An object's velocity after t seconds is v() = 36 - 21 feet per second.(a)...

Algebra
1.2K views

f x 5x 1 x 7 Round your answer to the nearest hundredth if necessa...

Accounting
1.2K views

Multiple Choice Question 77 At the beginning of 2018; Cullumber, Inc. had a deferred tax...

Accounting
1.2K views

Assume you plan to retire in 39 years. If you invest $170.00 per month in...

Accounting
1.2K views

SHERIDAN LTD. Statement of Financial Position December 31, 2024 Cash $55000 Accounts payable $66500 Accounts...

Accounting
1.2K views

Examine the dividend policy of Starbucks corporation and explain whether their dividend policy relates to...

Finance
1.2K views

What is the profitability index (to the nearest 0.01) of a project with an initial...

Accounting
1.2K views

The audit of intangible assets typically involves ...

Accounting
1.2K views

The following information is related to the pension plan of Long, Inc. for 2015. $1,245,000....