3000 hw pv
1. What is the future value of $10,000 on deposit for five years at 6% simple interest?
2. The concept of compound interest refers to:
A. earning interest on the original investm
Take home exam
Thank you again for your patience.we will not miss a thing this semesterI always provide a buffer
for each semesters progress. The open heart surgery went very well, I was told that in the past 5 years
only 3 patients who had the 5 ways byp
Final Examination - Finance 3000 Spring 2016
The take home part of the final examination consists of 35 questions, 30 multiple choice worth 2 points each
and 3 fill-ins worth a total of 15 points for a grand total of 75 points. Please circle the multiple
1. How much will accumulate in an account with an initial deposit of $200, and
which earns 10% interest compounded quarterly for 3 years?
N= 3 (1/4)
2. The current yield measures the bonds total rate of return. True or
Portfolio: an accumulation of assets owned by the investor and designed to transfer
purchasing power to the future.
Investment (in economics): the purchase of plant, equipment, or inventory.
Investment (in lay terms): acquisition of an asset suc