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单选题 Travis invested $9,250 in an account that pays 6 percent simple interest. How much more could he have earned over a 7-year period if the interest had compounded annually
学科：2022-2023-2 公司理财（英）
时间：2023-05-13 02:30:55
题目1单选题
You are investing $100 today in a savings account at your local bank. Which one of the following terms refers to the value of this investment one year from nowA. future valueB. present valueC. principal amountsD. discounted value
题目2单选题
Interest earned on both the initial principal and the interest reinvested from prior periods is calledA. free interestB. dual interestC. simple interestD. compound interest
题目3单选题
You are depositing $1,500 in a retirement account today and expect to earn an average return of 7 percent on this money. How much additional income will you earn if you leave the money invested for 50 years instead of just 40 yearsA. $10,723.08B. $11,790.90C. $12,908.19D. $21,724.5
题目4单选题
What is the future value of $6,200 invested for 23 years at 9% compounded annuallyA. 2,483.60B. 7,890.87C. $44,998.82D. $47,433.47
题目5单选题
Travis invested $9,250 in an account that pays 6 percent simple interest. How much more could he have earned over a 7-year period if the interest had compounded annuallyA. $741.41B. $773.58C. $802.16D. $833.33
题目6单选题
Tom earned $120 in interest on his savings account last year. Tom has decided to leave the $120 in his account so that he can earn interest on the $120 this year. This process of earning interest on prior interest earnings is calledA. discountingB. compoundingC. duplicatingD. multiplying
题目7单选题
Which of the following will increase the future value of a lump sum investment?I. Decreasing the interest rateII. Increasing the interest rateIII. Increasing the time periodIV. Decreasing the amount of the lump sum investmentA. I and III onlyB. I and IV onlyC. II and III onlyD. II and IV only
题目8单选题
Your parents just gave you a gift of $15,000. You are investing this money for 12 years at 5 percent simple interest. How much money will you have at the end of the 12 yearsA. $15,750B. $16,000C. $17,375D. $24,000
题目9单选题
You are investing $100 today in a savings account at your local bank. Which one of the following terms refers to the value of this investment one year from nowA. Present valueB. Future valueC. discounted valueD. invested principal
题目10单选题
You are investing $100 today in a savings account at your local bank. Which one of the following terms refers to the value of this investment one year from nowA. Present valueB. Discounted valueC. Future valueD. Principal amounts