FIN SOPHIA
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FIN SOPHIA Finance Milestone 2
- Exam (elaborations) • 10 pages • 2022
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FIN SOPHIA Finance Milestone 2
You passed this Milestone
15 questions were answered correctly.
5 questions were answered incorrectly.
1
You loan $30,000 of your life savings to a friend for five years at 2% simple interest annually.
What is the value of your $30,000 in five years?
•
$33,000
•
$27,000
•
$33,122
•
$26,878
CONCEPT
Future Value, Single Cash Flows
2
Max is willing to take on a little risk when she buys a bond, but she wants to be compensated for he...
Exam (elaborations)
FIN SOPHIA Finance Milestone 2
Last document update:
ago
FIN SOPHIA Finance Milestone 2 You passed this Milestone 15 questions were answered correctly. 5 questions were answered incorrectly. 1 You loan $30,000 of your life savings to a friend for five years at 2% simple interest annually. What is the value of your $30,000 in five years? • $33,000 • $27,000 • $33,122 • $26,878 CONCEPT Future Value, Single Cash Flows 2 Max is willing to take on a little risk when she buys a bond, but she wants to be compensated for he...
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