What Is the Future Value of $1,500 After 5 Years

question 112

Multiple Choice

What is the future value of $1,500 after 5 years if the annual return is 6%, compounded semiannually?

• A) $1,819
• B) $1,915
• C) $2,016
• D) $2,117

---

Definitions:

Dividends Declared

Dividends declared are profits a company announces it will distribute to its shareholders, indicating when and how much will be paid out.

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing ownership interest.

Expenses

Costs incurred in the process of generating revenue, typically including items like rent, salaries, and utilities.