Construction Finance | Online Course Support

What is the future value of a present value $100 after a period of 12 month, given nominal annual interest rate equals to 10%?

6. Question 6 What is the future value of a present value $100 after a period of 12 month, given nominal annual interest rate equals to 10%? 1 / 1 point   $101…

Construction Finance | Online Course Support

Given identical annual interest rate in exactly same scenarios, compare methods of computing simple interest and compounded interest:

11. Question 11 Given identical annual interest rate in exactly same scenarios, compare methods of computing simple interest and compounded interest: 1 / 1 point   Simple interest is higher   Compounded interest…