题目内容

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

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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.

Youaredepositing$1,500inaretirementaccounttodayandexpecttoearnanaveragereturnof7percentonthismoney.Howmuchadditionalincomewillyouearnifyouleavethemoneyinvestedfor50yearsinsteadofjust40years?

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

Whatisthefuturevalueof$6,200investedfor23yearsat9%compoundedannually?

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

Youareinvesting$100todayinasavingsaccountatyourlocalbank.Whichoneofthefollowingtermsreferstothevalueofthisinvestmentoneyearfromnow?

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