What Is the Future Value of $100 Invested for 10

question 49

Multiple Choice

What is the future value of $100 invested for 10 years at an interest rate of 2% p.a.compounded annually?

• A)$123.77
• B)$120.00
• C)$122.11
• D)$121.90

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Definitions:

Ordinary Shares

Equity securities representing ownership in a company, giving the shareholder voting rights and a share in the company's profits through dividends.

Dilutive Potential

The possibility that the issuance of additional securities could decrease earnings per share or decrease an ownership interest.

After-tax Effect

The impact of taxes on a company's financial transactions, typically focusing on the net result after accounting for the taxation impact.

Accounting Policies

The distinct protocols, core principles, guidelines, directives, and procedures followed by a company for the preparation and presentation of its financial reports.