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11Alexandr11 [23.1K]
2 years ago
10

John is evaluating which investment would be best for his company. He wants to determine the future value of a certain investmen

t that has the following information:
PV = $200
INT = 0.1 or 10%
N = 1 (years)
According to this information, what would be the future value of this investment?
a) $110.67
b) $200.50
c) $220
d) None of the above
Business
1 answer:
ruslelena [56]2 years ago
6 0

Answer: $220

Explanation:

The following information can be derived from the question:

PV = $200

INT = 0.1 or 10%

N = 1 (years)

To calculate the future value of this investment, we will use the formula:

FV = PV( 1 + i)^n

FV = $200(1 + 0.1)

FV = $200(1.1)

FV = $220

The future value of this investment would be $220.

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6 0
2 years ago
If+the+offering+price+of+an+open-end+fund+is+$12.30+per+share+and+the+fund+is+sold+with+a+front-end+load+of+5%,+what+is+its+net+
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What is Net Asset Value?

Net asset value is the value of an entity's assets less the value of its liabilities, which is frequently used in relation to open-end or mutual funds because shares of such funds registered with the Securities and Exchange Commission are redeemed at net asset value.

Main Content

$11.69

offering price= NAV / (1-load)

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12.30=NAV / (0.95)

12.30 x 0.95 = NAV

NAV= 11.69

To learn more about Net Asset Value

brainly.com/question/28075110

#SPJ4

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