Calculate Future Value with Semi-annual Compounding
4 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

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?

  • $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?

  • $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?

  • $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?

    <p>$3184.83</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser