An interest rate is 5%, the number of period are 3, and the present va – McqOptions

MCQOPTIONS

1.	An interest rate is 5%, the number of period are 3, and the present value is $100, then the future value will be
A.	115.76
B.	105
C.	110.25
D.	113.56
Answer» B. 105

Discussion

No Comment Found

Related MCQs

The net worth is also called
An annual rate of 16% if quoted by credit card issuer usually a bank is classified as
If the payment of security is paid as $100 at the end of year for three years, it is an example of
The net income and depreciation is $313,650,000 and common shares outstanding are 55,000,000 then cash flow per share would be
The values of assets purchased or the liabilities recorded as recorded by bookkeepers are considered as
The periodic rate if it is multiplied with per year number of compounding periods is called
The rate which is divided by compounding periods to calculate periodic rate must be
If the deposited money $10,000 in bank pays interest 10% annually, an amount after five years will be
The total amount of depreciation charged on the long term assets is classified as
The claim against the assets are represented by