A Two-Year Investment $10,000 Has an Interest Rate of 4

question 35

Multiple Choice

A two-year investment $10,000 has an interest rate of 4% per year, compounded annually. What is the future value?

• A) $800
• B) $10,800
• C) $10,816
• D) $816

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Definitions:

Stock Price

The cost per share at which a company's stock is bought and sold in the stock market.

Dividend

A portion of a company's earnings distributed to shareholders, usually in the form of cash payments or additional stock.

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The price at which goods or services are offered to buyers.

Stock Today

The current price or performance of a company's shares in the stock market.