What Is the Future Value of $2,000 Deposited for One

question 55

Multiple Choice

What is the future value of $2,000 deposited for one year earning 6 percent interest rate annually?

• A) $120
• B) $2.000
• C) $2,120
• D) $4,120

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Definitions:

Tinnitus

A condition characterized by hearing noises not caused by an external source, often described as ringing in the ears.

Anosmia

A loss or impairment of the sense of smell.

Kinesthesis

The sense of the position and movement of body parts, through sensory organs in muscles and joints.

Metabolic Rate

The rate at which the body burns calories to produce energy.