11 What is the present value of $35,000 to be receive seven years from now discounted at 6.25% 22,896.31 22,888.37 22,872.25 22,868.68 Question 12 12 How much money should be deposited in an account today earning 6.25% compounded monthly so that at the end of five (5) years, the future value will be $10,000 7,290.36 7,295.55 7,305.15 7,322.09 Question 13 13 An investor deposits $5,750 in a certificate of deposit (CD) which pays 7.35% and compounds weekly. What will the balance be in seven (7) years 9,498.76 9,542.25 9,615.12 9 666 76

11 What is the present value of $35,000 to be receive seven years from now discounted at 6.25% 22,896.31 22,888.37 22,872.25 22,868.68 Question 12 12 How much money should be deposited in an account today earning 6.25% compounded monthly so that at the end of five (5) years, the future value will be $10,000 7,290.36 7,295.55 7,305.15 7,322.09 Question 13 13 An investor deposits $5,750 in a certificate of deposit (CD) which pays 7.35% and compounds weekly. What will the balance be in seven (7) years 9,498.76 9,542.25 9,615.12 9 666 76

EBK CFIN

6th Edition

ISBN:9781337671743

Author:BESLEY

Publisher:BESLEY

Chapter4: Time Value Of Money

Section: Chapter Questions

Problem 12PROB

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