Perform financial calculations ( Future Value)
Quiz by ALI ABDULHUSAIN HASAN ALI ISA
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- Q1
Reem makes a single deposit of $100 today in CCW bank. It will remain invested for 4 years at 8% per year compounded annually. What will be the future value of her single deposit at the end of 4 years?
BD 136.857
BD 36.049
BD 36.857
BD 136.049
120s - Q2
Eman makes a single deposit in XYZ bank today of $200. The deposit will be invested for 3 years at an interest rate of 10%per year compounded annually. What will be the future value of Eman's account at the end of 3 years?
BD 268.783
BD 26.62
BD 266.2
BD 66.2
120s - Q3
Sheila invests a single amount of $300 today in Malak bank that will pay her 8% per year compounded annually. Compute the future value of Sheila's account at the end of 2 years.
$ 49.92
$ 351.50
$ 349.92
$ 51.50
120s - Q4
Rawan invests $400 today in Sue bank that earns interest at a rate of 12% per year compounded annually. What will be the future value at the end of 2 years?
$ 101.76
$ 501.76
$ 107.30
$ 507.30
120s