The future value of $200,000 invested in the 5 Year Treasury Note, earning the Current Annual Rate of Return in the course website, for three years, is best expressed by which of the following

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507 viewsNovember 20, 2016

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Darshita 6.14K November 20, 2016 0 Comments

4. The future value of $200,000 invested in the 5 Year Treasury Note, earning the Current Annual Rate of Return in the course website, for three years, is best expressed by which of the following? highlight your answer A. $200,000 x (1+0.0016) x 3 B. $200,000 x (1+0.0068) / 3 C. $200,000 x (1.0068) N D. $200,000 x (1.0068) 3

1 Answer

score 0 · Answer 1 · 2016-11-20T05:41:52+00:00

Answer: $200,000 x (1.0068) 3

Working notes for the above answer is as under

We have been given that,

$200,000 invested

at Current Annual Rate of Return

in the course website, for three years,

FV = PV (1+r)n

We put the figure in to the formula as follow

=$200,000 x (1.0068) 3

1 Answer

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