A series of payments of $900 are being made at the end of each year for the next 8 years. What is the future value 8 years from now, if money can earn 9% compounded semi-annually?
A) $9999
B) $30 220
C) $77 200
D) $14 346
E) $7200
Correct Answer:
Verified
Q57: Note: The calculations for this question were
Q58: For how long must $179.23 be deposited
Q59: Note: The calculations for this question were
Q60: Sabrina deposits $300.00 into a savings account
Q61: You can buy a piece of equipment
Q63: Silva is contemplating to buy a 20
Q64: What is the payment size of a
Q65: Bhamani is contributing to a RESP they
Q66: A mortgage requires payments of $1000.00 at
Q67: You lease a car for monthly payments
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents