Q6. A certain investment product promises to pay $25,458 at the end of 9 years. If an investor feels this investment should produce a rate of return of 14%, compounded annually, what’s the most he should be willing to pay for it? A) $9,426. B) $7,829. C) $7,618. Q7. Given a 5% discount rate, the present value of $500 to be received three years from today is: A) $400. B) $432. C) $578. Q8. A local bank offers a certificate of deposit (CD) that earns 5.0% compounded quarterly for three and one half years. If a depositor places $5,000 on deposit, what will be the value of the account at maturity? A) $5,949.77. B) $5,931.06. C) $5,875.00.
[此贴子已经被作者于2008-12-29 17:05:40编辑过] | 
发表于 2008-12-29 16:43
| 
