FIN SOPHIA
Capella University
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Exam (elaborations)
FIN SOPHIA Finance Milestone 2
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---10June 20222021/2022A+
- 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? 
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$33,000 
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$27,000 
•	 
$33,122 
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$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...
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$11.99 More Info
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