Register
1- You deposit $200 today, another $200 a year from now, and an additional $400 three years from now. If the interest rate is 5%, what is the value of your investment in 5 years
108k views
4 votes
1- You deposit $200 today, another $200 a year from now, and an additional $400 three years from now. If the interest rate is 5%, what is the value of your investment in 5 years

User Marcos Carceles
by
3.8k points

1 Answer

3 votes

Answer:

939.36

Step-by-step explanation:

User Cyrille Corpet
by
4.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.6m questions

6.0m answers

Other Questions

Which of the following should be considered last when searching for financing? Family members Banks Commercial finance companies Credit cards I'm guessing it's C but idk
Explain the similarities and differences between how both producers and consumer use money
Your assessment tool contains rich data about child progress in language and literacy but no details to explain the differences between children. You decide to: A. Replace the tool with another B. Analyze
When goods are produced at the lowest possible cost, an economy is said to have achieved:?
Which item is most often included along with a resume as part of a job application?
Link Copied!