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231128. ia Future Value of Investments Quiz

Total questions: 7

Worksheet time: 4mins

Name
Class
Date
1.

If you invest $1000 at an annual interest rate of 5% for 5 years, what will be the future value of your investment?

a)

$1000

b)

$1276.28

c)

$1500

d)

$1200

2.

If you invest $5000 at an annual interest rate of 8% for 10 years, what will be the future value of your investment?

a)

$6,000

b)

$8,500

c)

$10,794.62

d)

$12,345

3.

What is the future value of an investment if the present value is $2000, the interest rate is 6%, and the time period is 3 years?

a)

$2182.03

b)

$1823.02

c)

$2500.01

d)

2382.03

4.

If you invest $10,000 at an annual interest rate of 4% for 20 years, what will be the future value of your investment?

a)

$18,000

b)

$21,911.84

c)

$15,000

d)

$25,000

5.

What is the future value of an investment if the present value is $500, the interest rate is 10%, and the time period is 2 years?

a)

$605

b)

$700

c)

$550

d)

$450

6.

Which of the following is a factor that affects the future value of an investment?

a)

Investment duration

b)

Rate of return

c)

Interest rate

d)

Initial investment amount

7.

If you invest $2000 at an annual interest rate of 7% for 8 years, what will be the future value of your investment?

a)

$2,800.00

b)

$2,500.00

c)

$3,010.57

d)

$3,500.00