Use the Future Value Formula to Find the Indicated Value

question 98

Multiple Choice

Use the future value formula to find the indicated value. Round to three decimal places.
-n = 13; i = 0.04; PMT = $1000; FV = ?

• A) $16,627.838
• B) $18,292.371
• C) $15,026.247
• D) $41,627.144

---

Definitions:

Negative Numbers

Integers that are less than zero, often used to represent a deficit or decrease in mathematical operations and real-world contexts.

Harmful Sexual Disorder

A problematic pattern of sexual thoughts or actions that are dangerous or injurious to oneself or others, not officially recognized as a distinct diagnosis.

Sexual Violence

Involves any sexual act or attempt to obtain a sexual act by violence or coercion, acts to traffic, or acts directed against a person's sexuality, regardless of the relationship to the victim.

Rape

Sexual penetration against a person’s will through the use or threat of force.