How much would $1, growing at 3.5% per year, be worth after 75 years will be B) 13.20 .
Explanation:
Given the information below: How much would $1 be worth after 75 years if it grew at a 3.5% annual rate?
To determine the result, we must apply the following formula:
FV = PV*(1+i)n PV is the present value, while n is the number of years.
FV= 1*(1+0.035)^75 FV= $13.20
A final value is what?
The value of an Award determined in accordance with Sections 5 and 6 that serves as the foundation for payments to Participants at the conclusion of a Plan Year is referred to as Final Value.
One theorem that is used to connect frequency domain expression to time domain behavior as time approaches infinity is the final value theorem (FVT).
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