Aucutt Incorporated Deposits $200,000 Every January 1st and July 1st

question 12

Multiple Choice

Aucutt Incorporated deposits $200,000 every January 1st and July 1st in a savings account for the next five years so that it can purchase a new piece of machinery at the end of five years. The interest rate is 12%. How much money will Aucutt Incorporated have at the end of five years? (Use spreadsheet software or a financial calculator to calculate your answer. Do not round any intermediary calculations, and round your final answer to the nearest dollar.)

• A) $2,794,329
• B) $2,636,159
• C) $1,423,038
• D) $1,270,569

---

Definitions:

Community Health Environments

Refers to environments or settings that impact the health outcomes of a specific population, including social, economic, and physical factors.

Geographic

Relating to the physical features, climate, populations, and cultural attributes of an area or region.

Patient's Chart

A comprehensive record maintaining all healthcare information, treatments, and medical history of a patient.