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Questions and Answers
If $5000 is due in five years, nine months and is discounted at 8.0% compounded semi-annually, what would be the amount received?
If $5000 is due in five years, nine months and is discounted at 8.0% compounded semi-annually, what would be the amount received?
- $3284.83
- $3084.83
- $3384.83
- $3184.83 (correct)
What is the future value of $5000 due in five years, nine months discounted at 8.0% compounded semi-annually?
What is the future value of $5000 due in five years, nine months discounted at 8.0% compounded semi-annually?
- $3184.83 (correct)
- $3084.83
- $3384.83
- $3284.83
What would be the value of $5000 after five years and nine months discounted at 8.0% compounded semi-annually?
What would be the value of $5000 after five years and nine months discounted at 8.0% compounded semi-annually?
- $3384.83
- $3084.83
- $3184.83 (correct)
- $3284.83
What is the future amount of $5000 due in five years, nine months with an 8.0% semi-annual discounting rate?
What is the future amount of $5000 due in five years, nine months with an 8.0% semi-annual discounting rate?