1. $2000 is invested at 5% annually for 20 years. What sum will be received at the end of the investment period? 2. What
Posted: Sun Jun 05, 2022 10:07 am
- 1 2000 Is Invested At 5 Annually For 20 Years What Sum Will Be Received At The End Of The Investment Period 2 What 1 (92.77 KiB) Viewed 38 times
1. $2000 is invested at 5% annually for 20 years. What sum will be received at the end of the investment period? 2. What is the present value of $2,000 that will be received in 5 years if the inflation rate is 6% annually? 3. What is the present value of a series of annual payments of $10,000 over 10 years if the annual inflation rate is 8%?