1 suppose you deposit 2000 in the banka how much will you, Ask an Expert

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1. Suppose you deposit $2,000 in the bank...

a. How much will you have in 8 years if the interest rate is 7%?

b. How much will you have in 5 years if the interest rate is 8%?

c. How much will you have in 15 years if the interest rate is 2%?

2. Find the present value for

a. $1,000 received in 4 years if the interest rate is 4%.

b. $1,000 received in 4 years if the interest rate is 6%.

c. $1,000 received in 4 years if the interest rate is 2%

3. What happens to the PV as the interest rate changes?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92800046

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