Busıness Fınance I Deneme Sınavı Sorusu #851757

You have 3 nephws, aged 17,15 and 13. You want to give each of them 1.000 Turkish Liras for their 18th birthdays. How much in total should you put in your bank account with 8% interest rate assuming that the rate will stay the same?


3.100

2.887

2.114

2.398

2.023


Yanıt Açıklaması:

For the nephew aged 17; 1000/(1+0.08)=925

For the nephew aged 15; 1000/(1+0.08)*(1+0.08)*(1+0.08)= 793

For the nephew aged 13; 1000/(1+0.08)*(1+0.08)*(1+0.08)*(1+0.08)*(1+0.08)= 680

In total= 925+793+680= 2398

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