WGU C214 Financial Management Practice Exam 2026 | Complete Questions & Verified Answers

WGU C214 Financial Management (2025) – Practice Exam Exam
(Latest 2026) Questions with Revised Answers, (A+ Guarantee)
LATEST UPDATE
1. What is the future value of $5,000 invested for 3 years at 6% interest, compounded
annually?
A. $5,900
B. $5,970
C. $5,850
D. $5,955

Answer: D. $5,955
Rationale: FV = PV × (1 + r)^n → 5,000 × (1.06)^3 = 5,955

2. You deposit $1,000 today into an account earning 8% per year. What will it be worth in
5 years?
A. $1,469
B. $1,400
C. $1,500
D. $1,600

Answer: A. $1,469
Rationale: FV = 1,000 × (1.08)^5 ≈ 1,469

3. If you need $10,000 in 4 years at 5%, how much should you invest today?
A. $8,500
B. $8,230
C. $9,000
1
Page




D. $8,700

EXAMPREPMASTER

, Answer: B. $8,230
Rationale: PV = FV ÷ (1 + r)^n → 10,000 ÷ (1.05)^4 ≈ 8,230

4. Present value of $2,500 in 3 years at 6%?
A. $2,200
B. $2,100
C. $2,100.59
D. $2,150

Answer: C. $2,100.59
Rationale: PV = 2,500 ÷ (1.06)^3 ≈ 2,100.59

5. $3,000 invested 6 years at 7% compounded annually. Future value?
A. $4,000
B. $4,230
C. $4,500
D. $4,400

Answer: B. $4,230
Rationale: FV = 3,000 × (1.07)^6 ≈ 4,230

6. An annuity pays $500/year for 4 years at 6%. PV?
A. $1,800
B. $1,900
C. $2,000
D. $2,100

Answer: B. $1,900
Rationale: PV = PMT × [(1 - (1 + r)^-n)/r] → 500 × [(1 - 1.06^-4)/0.06] ≈ 1,900

7. FV of a 5-year annuity paying $1,000/year at 8%?
A. $5,000
B. $5,866
C. $5,500
D. $6,000

Answer: B. $5,866
Rationale: FV = PMT × [((1 + r)^n - 1)/r] → 1,000 × [(1.08^5 - 1)/0.08] ≈ 5,866

8. $2,000 invested at 9% annually. Years to double?
A. 7.8
B. 8
C. 7
2




D. 6.5
Page




EXAMPREPMASTER