You Are Scheduled to Receive $5,000 in Two Years

question 19

Multiple Choice

You are scheduled to receive $5,000 in two years.When you receive it, you will invest it at 6.5 percent per year.How much will your investment be worth eight years from now?

• A)$7,295.71
• B)$8,274.98
• C)$6,850.43
• D)$10,665.75
• E)$7,302.27

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Definitions:

Anxiety Disorders

A group of mental health disorders characterized by significant feelings of anxiety and fear.

Diagnostic and Statistical Manual of Mental Disorders

A comprehensive classification and diagnostic tool used by mental health professionals to diagnose and categorize mental disorders.

Psychopathology

The scientific study of mental disorders, including their symptoms, causes, and treatments.

Emil Kraepelin

A German psychiatrist who is credited with the founding of modern scientific psychiatry, psychopharmacology, and psychiatric genetics.