FIN SOPHIA

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...