Determining future value for given condition

Assignment Help Finance Basics

Reference no: EM1329318

What is the future value three years hence of $1000 invested in an account with a stated annual interst rate of 8%:

a) compounded annually?

b) compounded semiannually?

c) compounded monthly?

d) compouuned continuously?

e) Why does the future value increase as the compounding period shortens?

Reference no: EM1329318

Questions Cloud

Impact of globalization and management across borders : Evaluate the impact of globalization and management across borders.

Solution to supply chain management question : Need help writing a paper involving the requirments, technology, benefits, advantages and disadvantages, implementation consideration, and cost for an idustry that uses supply chain for its core business.

Violating the 5th amendment : Identify and explain the protections afforded to the accused under the 5th amendment. Explain when, if ever, a person can be compelled to testify against him/herself.

Buyu manufactures the pc boards : BUYU Manufacturing has been contracted to provide SAEL Electronics with printed circuit and motherboards (PC) boards under the following terms:

Determining future value for given condition : Find out the future value three years hence of $1000 invested in an account with a stated annual interst rate of 8%:

Program requires to check the current disk drive and report : program requires to check the current disk drive and report.

Illustrtae what are the nominal rate of interest : Illustrtae what are the nominal rates of interest for both the United States and the euro area?

Goals and objectives of facility manager of large stadium : What would the goals and objectives be if you were the facility manager of a large stadium used by a professional baseball team?

Illustrtae what are the nominal rates of interest : Illustrtae what are the nominal rates of interest for both the United States and the euro area?

User Account

All Pages