You Want to Have $260,000 Saved 15 Years from Now

question 173

Multiple Choice

You want to have $260,000 saved 15 years from now. How much less do you have to deposit today to reach this goal if you can earn 8% rather than 7% on your savings?

• A) $8,728.44
• B) $12,273.13
• C) $16,602.12
• D) $17,414.41
• E) $20,019.2

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Definitions:

Strong Final Remarks

The concluding statements in a communication or document that leave a powerful impression on the recipient.

Final Introduction

The last part of a presentation or document that provides a summary or a concluding overview.

Presentation Close

The concluding section of a presentation, often summing up key points and providing a call to action.

Summarizing

Summarizing involves condensing larger texts or information into brief overviews, highlighting the main points or essential information.