You and Your Sister Are Planning a Large Anniversary Party

question 17

Multiple Choice

You and your sister are planning a large anniversary party 3 years from today for your parents' 50th wedding anniversary.You have estimated that you will need $6,500 for this party.You can earn 2.6 percent compounded annually on your savings.How much would you and your sister have to deposit today in one lump sum to pay for the entire party?

• A)$6,076.55
• B)$6,018.26
• C)$6,308.16
• D)$5,934.90
• E)$5,868.81

---

Definitions:

Left Atrium

The upper left chamber of the heart, which receives oxygenated blood from the lungs and pumps it into the left ventricle.

Angina Pectoris

A condition characterized by chest pain due to reduced blood flow to the heart muscle, often indicative of coronary heart disease.

Myocardial Infarction

A medical emergency commonly known as a heart attack, caused by the interruption of blood flow to a part of the heart, leading to heart muscle damage.

Cardiovascular Disease

Cardiovascular disease refers to a class of diseases that involve the heart or blood vessels, including coronary artery disease, heart failure, and stroke.