Future value with different compounding frequency

Reference no: EM1328111

What is the future value in seven years of $1,000 invested in an account with a stated annual interest rate of 8 percent?

A. Compounded annually?
B. Compounded semi-annually?
C. Compounded monthly?
D. Compounded continuously?
E. Why does the future value increase as the compounding period shortens?

Reference no: EM1328111

Questions Cloud

Explain importance of benchmarking : Explain Importance of Benchmarking and explain why benchmarking is an important activity in the analysis of e-Business Web sites

What security suggestions does laptop follows : explain to Andersen & Sons how they might create a security template and some useful settings. What security suggestions do you have to secure communications from Human Resources server to the Payroll server.

Leader-s challenge and personal potential in organization : The leader's challenge is to help individuals grow and fulfill their personal potential while advancing the organization's goals'.

Implementation of scm - crm and erp : Implementation of SCM, CRM and ERP - Explain how do you go about making the decision about where to start?

Future value with different compounding frequency : What is the future value in seven years of $1,000 invested in the account with the stated annual interest rate of 8 percent?

The best solution to handling a crisis of epic proportion : Which economic system is the best solution to handling a crisis of epic proportion?

Technology trends in 5 year plan : Write down your analysis, advice, and recommendation. In your answer include the aspects of money, time, and resources needed, along with your 5-year plan.

Explain what must an organization : Explain What must an organization do to transform its business strategy when they decide to transform itself into an E-commerce company

What would be well suited for a neural network : Research the features of Cisco Meeting Place and evaluate them to Microsoft's offerings. What hardware is required to implement Cisco's product.

User Account

All Pages