1 suppose you invest 2500 in a savings account that earns, Ask an Expert

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1. Suppose you invest $2500 in a savings account that earns 11% per year. How much will be in the account in 7 years?

$5,190.40

$1,204.15

$24,458.19

$11,780.49

None of these

2. One important finding on legal systems is:

a) English-based law is less shareholder friendly and French-based codes more so.

b) There is a link between shareholder protection and economic growth – where countries with weaker investor protection promote well-developed financial markets and hence stimulate economic growth.

c) The protection of minority shareholders is not related to the country's legal system (the laws themselves) – rather, it is only the enforcement of the law that relates to this protection.

d) None of these.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92875804

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