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Busıness Fınance I
Busıness Fınance I Deneme Sınavı
Busıness Fınance I Deneme Sınavı Sorusu #851906
Busıness Fınance I Deneme Sınavı Sorusu #851906
Sinan left 200 Turkish Liras in a bank account for the next 2 years which is compounded quarterly under an annual interest rate of 8%. What would be the future value of the saving at the end of the deposit term?
287.78 |
344,03 |
578.52 |
234.2 |
365.58 |
Yanıt Açıklaması:
Periodic rate:2%
Number of periods: 8
200*(1+0.02)*(1+0.02)*......(1+0.02)(8 times)= 234.2
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