Sue now has $490. How much would she have after 8 years if she leaves it invested

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Sue now has $490. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding?
a. $941.10
b. $724.64
c. $837.58
d. $1,148.14
e. $1,157.55

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Introduction To Corporate Finance

ISBN: 9781118300763

3rd Edition

Authors: Laurence Booth, Sean Cleary

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Question Posted: Jan 09, 2013 02:40 AM

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Sue now has $490. How much would she have after 8 years if she leaves it invested

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Introduction To Corporate Finance

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