[单选题]

Given daily compounding, the growth of $5,000 invested for one year at 12% interest will be closest to:

A.$5,600

B.$5,628

C.$5,637

参考答案与解析:

相关试题

If $5,000 is invested in a fund offering a rate of return of 12% per year, approximately how many ye

[单选题]If $5,000 is invested in a fund offering a rate of return of 12% per year,

  • 查看答案
  • If the stated annual interest rate is 9% and the frequency of compounding is daily, the effective an

    [单选题]If the stated annual interest rate is 9% and the frequency of compounding i

  • 查看答案
  • If the stated annual interest rate is 9% and the frequency of compounding is daily, the effective an

    [单选题]If the stated annual interest rate is 9% and the frequency of compounding i

  • 查看答案
  • If $10,000 is invested today in an account that earns interest at a rate of 9.5%, what is the value

    [单选题]If $10,000 is invested today in an account that earns interest at a rate of

  • 查看答案
  • The amount an investor will have in 15 years if $1,000 is invested today at an annual interest rare

    [单选题]The amount an investor will have in 15 years if $1,000 is invested today at

  • 查看答案
  • An investor places $5,000 in an account. The stated annual interest rate is 6% compounded monthly. T

    [单选题]An investor places $5,000 in an account. The stated annual interest rate is

  • 查看答案
  • How much must be invested today, at 8% interest, to accumulate enough to retire a $10,000 debt due s

    [单选题]How much must be invested today, at 8% interest, to accumulate enough to re

  • 查看答案
  • Based on semiannual compounding, what would the YTM be on a 15-year, zero-coupon, $1,000 par value b

    [单选题]Based on semiannual compounding, what would the YTM be on a 15-year, zero-c

  • 查看答案
  • If the stated annual interest rate is 20% and the frequency of compounding is monthly, the effective

    [单选题]If the stated annual interest rate is 20% and the frequency of compounding

  • 查看答案
  • If $1,000 is invested today and $1,000 is invested at the beginning of each of the next three years

    [单选题]If $1,000 is invested today and $1,000 is invested at the beginning of each

  • 查看答案
  • Given daily compounding, the growth of $5,000 invested for one year at 12% interest will be closest