Mr. Smith deposited k dollars in a new account at an annual rate of 8 percent compounded quarterly, which of the following repre

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问题 Mr. Smith deposited k dollars in a new account at an annual rate of 8 percent compounded quarterly, which of the following represents the value, in dollars, of the money in the account after 2 years?

选项 A、(l.08)2k
B、(1.08)8k
C、(1.02)2k
D、(1.02)8k
E、(1.03)4k

答案D

解析 年利率为8%,每个季度结算一次,那么每个季度利率应该为8%/4=2%,两年共结算4×2=8次,因此2年后为:(1+2%)8k,选择D。
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