What is the future value (approx.), where present value=1000, r=6% and n=1?
A. 1060.00
B. 1600.00
C. 943.40
D. 900.00
Answer:A
What is the future value (approx.), where present value=1000, r=6% and n=1?
A. 1060.00 B. 1600.00 C. 943.40 D. 900.00