Suppose That You Deposit $10,000 in an Account That Pays

question 71

Multiple Choice

Suppose that you deposit $10,000 in an account that pays 6% interest and you want to know how much will be in your account at the end of 10 years.To solve this problem in Microsoft Excel,you would use which of the following Excel formulas?

• A)=FV(.06,10000,0,10)
• B)=PV(.06,10000,0,10)
• C)=FV(.06,10,0,10000)
• D)=PV(.06,10,0,10000)

---

Definitions:

Fresh Popcorn

Newly made popcorn, characterized by its warm temperature and crisp texture, often associated with movie theaters and snacking.

Quit A Habit

The process of stopping or breaking a regular tendency or practice, especially one that is considered detrimental to one’s health or well-being.

Daily Routine

A fixed schedule of activities that a person follows every day, which often helps in organizing time and tasks efficiently.

Smoking

The practice of inhaling and exhaling the smoke of burning tobacco, which can lead to addiction and various health issues.