Future Value Compute the Future Value in Year 10 of a $1,000

question 144

Multiple Choice

Future Value Compute the future value in year 10 of a $1,000 deposit in year 1 and another $1,500 deposit at the end of year 4 using an 8 percent interest rate.

• A)$3,120.73
• B)$4,379.31
• C)$4,500.00
• D)$5,397.31

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Definitions:

Chobani Kids Pouches

A line of yogurt products designed and marketed by Chobani specifically for children, packaged in easy-to-use squeezable pouches.

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