What is the future value of an investment

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 15PROB
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What is the future value of an investment if you deposit $100 annually for 5 years at an
interest rate of 10%?
615.5
612.2
605.8
610.5
Transcribed Image Text:What is the future value of an investment if you deposit $100 annually for 5 years at an interest rate of 10%? 615.5 612.2 605.8 610.5
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