What Is the Accumulated Value of Deposits of $1120

question 86

Essay

What is the accumulated value of deposits of $1120.00 made at the end of every six months for three years if interest is 8.48% compounded quarterly?

Recognize the role of expected rate of return in investment choices and how it compares with interest rates.

Learn how certainty and uncertainty in the market impact investment spending.

Know how to calculate the future and present values of money based on current interest rates.

Define investment in economic terms and distinguish it from general financial transactions.

---

Definitions:

Trend Projection

A forecasting technique that extends past data points into the future to predict outcomes, often used in sales, finance, and inventory planning.

HR Forecasting

A method used in human resources to estimate future workforce needs to achieve the organization's objectives.

Organizational Goals

Objectives that an organization seeks to achieve, defining its purpose and, in essence, setting the direction for its activities and efforts.

Demand Requirements

The specific needs or quantities of products or services required by the market or a particular customer.