AFP
CTP · Question #503
(Topic 6) The future value of $60 invested at 8% compounded per year for three years is:
The correct answer is D. $75.58. See the full explanation below for the reasoning.
Question
- (Topic 6)
The future value of $60 invested at 8% compounded per year for three years is:
Options
- A$47.63.
- B$64.80.
- C$74.40.
- D$75.58.
How the community answered
(34 responses)- A3% (1)
- B15% (5)
- C9% (3)
- D74% (25)
Community Discussion
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