Calculate to the nearest cent, the future value of an investment of $14,000 at 4.25%...
60.1K
Verified Solution
Link Copied!
Question
Accounting
Calculate to the nearest cent, the future value of an investment of $14,000 at 4.25% per year, compounded quarterly (4 times per year), after 7 years. OFV = $18,821.28 OFV = $ 14,607.35 OFV = $44.901.19 FV = $18.735.29 FV = $15.075.03 Calculate, to the nearest cent, the present value of an investment that will be worth $16,000 after 7 years, at 7.4% compounded quarterly PV = $9,546.55 OPV = $15,326.06 PV = $9,707.11 PV = $15,337.91 PV = $ 9,576.59
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.