How much is a guaranteed promise of 15600 to be received in


1. How much is a guaranteed promise of $15,600 to be received in 11 years worth today if interest is 11%? Round the answer to the nearest cent.

2. If you deposit $240.78 in an account that pays 3% and leave it there for 11 years, how much will you have in the account? Round the answer to the nearest cent.

3. How much will $183 grow into if it is invested at 13% for 35 years? Round the answer to the nearest cent.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: How much is a guaranteed promise of 15600 to be received in
Reference No:- TGS01704759

Expected delivery within 24 Hours