What Is the Future Value of an $800 Annuity Payment

question 72

Multiple Choice

What is the future value of an $800 annuity payment over 15 years if the interest rates are 6 percent?

• A) $1,917.25
• B) $7,002.99
• C) $12,720.00
• D) $18,620.78

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Definitions:

Supply Chain

A network comprised of entities, individuals, processes, data, and assets that facilitates the transfer of goods or services from the provider to the end user.

Sustainability Focus

An approach centered on ecological and social responsibility in business practices to ensure long-term environmental health and viability.

Carbon Tax System

An environmental policy instrument that places a tax on carbon dioxide emissions, aiming to reduce the impact of climate change by encouraging reductions in greenhouse gas emissions.

Price of Emissions

Concerns the cost associated with releasing pollutants into the environment, often factored into the production costs for companies under environmental regulations.