超星 - Chapter 5 Assignment - 查题吧

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 now?

A. future value
B. present value
C. principal amounts
D. discounted value

单选题

Interest earned on both the initial principal and the interest reinvested from prior periods is called:

A. free interest.
B. dual interest.
C. simple interest.
D. compound interest.

单选题

Youaredepositing$1,500inaretirementaccounttodayandexpecttoearnanaveragereturnof7percentonthismoney.Howmuchadditionalincomewillyouearnifyouleavethemoneyinvestedfor50yearsinsteadofjust40years?

A. $10,723.08
B. $11,790.90
C. $12,908.19
D. $21,724.5

单选题

Whatisthefuturevalueof$6,200investedfor23yearsat9%compoundedannually?

A. 2,483.60
B. 7,890.87
C. $44,998.98
D. $47,433.47

单选题

Youareinvesting$100todayinasavingsaccountatyourlocalbank.Whichoneofthefollowingtermsreferstothevalueofthisinvestmentoneyearfromnow?

A. Presentvalue
B. Futurevalue
C. discountedvalue
D. investedprincipal

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?

A. $741.41
B. $773.58
C. $802.16
D. $833.33

单选题

Youareinvesting$100todayinasavingsaccountatyourlocalbank.Whichoneofthefollowingtermsreferstothevalueofthisinvestmentoneyearfromnow?

A. Presentvalue
B. Discountedvalue
C. Futurevalue
D. Principalamounts

单选题

Tomearned$120ininterestonhissavingsaccountlastyear.Tomhasdecidedtoleavethe$120inhisaccountsothathecanearninterestonthe$120thisyear.Thisprocessofearninginterestonpriorinterestearningsiscalled:

A. discounting.
B. compounding.
C. duplicating.
D. multiplying.

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