Q1. An investor deposits $10,000 in a bank account paying 5% interest compounded annually. Rounded to the nearest dollar, in 5 years the investor will have: A) $12,763. B) $12,500. C) $10,210. Q2. If a person needs $20,000 in 5 years from now and interest rates are currently 6% how much do they need to invest today if interest is compounded annually? A) $14,945. B) $14,683. C) $15,301. Q3. What will $10,000 become in 5 years if the annual interest rate is 8%, compounded monthly? A) $14,693.28. B) $14,898.46. C) $14,802.44. Q4. If $10,000 is invested in a mutual fund that returns 12% per year, after 30 years the investment will be worth: A) $10,120. B) $300,000. C) $299,599. Q5. A $500 investment offers a 7.5% annual rate of return. How much will it be worth in four years? A) $668. B) $892. C) $650.
[此贴子已经被作者于2008-12-29 17:06:25编辑过] | 
发表于 2008-12-29 16:40
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