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##### Strayer fin100 week 6 quiz 4

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solution

**Question**

Question;? Question;1;2 out of 2 points;If the interest rate is zero, the;future value interest factor equals ________.;? Question;2;2 out of 2 points;The future value of $200 received;today and deposited at 8 percent for three years is;? Question;3;2 out of 2 points;You have just won a lottery! You;will receive $50,000 a year beginning one year from now for 20 years. If your;required rate of return is 10%, what is the present value of your winning;lottery ticket?;? Question;4;2 out of 2 points;Jill Clinton puts $1,000 in a;savings passbook that pays 4% compounded quarterly. How much will she have in;her account after five years?;? Question;5;2 out of 2 points;Which of the following terms best;describes an annuity due?;? Question;6;2 out of 2 points;The interest rate that measures;the true interest rate when compounding occurs more frequently than once a year;is called the;? Question;7;2 out of 2 points;A series of equal payments or;receipts that occur at the beginning of each of a number of time periods is;referred to as;? Question;8;2 out of 2 points;When compounding more than once a;year, the true opportunity costs measure of the interest rate is indicated by;the;? Question;9;2 out of 2 points;The interest rate determined by;multiplying the interest rate charged per period by the number of periods in a;year is called the;? Question;10;2 out of 2 points;If $1,000 were invested now at a;12% interest rate compounded annually, what would be the value of the;investment in two years?;OK

Paper#48777 | Written in 18-Jul-2015

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