问题
单项选择题
Given: $1000 investment, compounded monthly at 12% find the future value after one year.（）
A. $1120.00.
B.$1121.35.
C. $1126.83.
答案
参考答案：C
解析：
Divide the interest rate by the number of compound periods and multiply the number of years by the number of compound periods. I=12/12=1; N=1×12=12; PV=1000