What Is the Future Value (FV) of $10,000 in Eight

question 49

Multiple Choice

What is the future value (FV) of $10,000 in eight years, assuming the interest rate is 10% per year?

• A) $18,000.00
• B) $18,756,22
• C) $21,435.89
• D) $16,212.78

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Definitions:

Dividend Yield Ratio

A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, often expressed as a percentage.

Market Price

The present cost at which a service or asset is available for purchase or sale.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue, indicating how effectively assets are utilized.

Generate Sales

The activity of creating or increasing revenue through the sale of goods or services.