Using an Appropriate Compound Interest Table, Solve the Following Question

question 35

Essay

Using an appropriate compound interest table, solve the following question.
Required:
What is the future amount on December 31, 2020, of eleven deposits of $4, 000 each with the first deposit being made on December 31, 2010, and interest at 12% compounded annually?

---

Definitions:

Chiral

Pertaining to molecules that are not superimposable on their mirror images, often leading to optical activity.

Achiral

Describes a molecule that is superposable on its mirror image and does not exhibit chirality.

Meso Compound

A molecule with multiple stereocenters and an internal plane of symmetry, making it achiral despite its stereogenic centers.

Diastereomer

Stereoisomers that are not mirror images of each other, differing in the spatial arrangement of atoms around one or more asymmetric centers.