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The value in six years of $75,000 invest...

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题目

The value in six years of $75,000 invested today at a stated annual interest rate of 7% compounded quarterly is closest to:

选项

A.$112,555.

B.$113,330.

C.$113,733.

答案

C

解析

C is correct, as shown in the following (where FV is future value and PV is present value):「huixue_img/importSubject/1564548691690393600.png」 C正确。 方法一:FV=PV(1+r/m)^(m*N), FV6=$75,000(1+0.07/4)^(4*6)=$113,733.21 方法二:PV=75,000,N=4*6,I/Y=7/4,PMT=0,CPT FV=113,733.21