At a Rate of 6

question 108

Multiple Choice

At a rate of 6.5%, what is the future value of the following cash flow stream?

• A) $526.01
• B) $553.69
• C) $582.83
• D) $613.51
• E) $645.80

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Definitions:

Tried Twice

Being subjected to prosecution for the same offense in the same jurisdiction more than once, prohibited under the "double jeopardy" clause of the Fifth Amendment to the U.S. Constitution.

Civil Rights Act

A landmark piece of legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin.

Discrimination

Unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, sex, or disability.

Public Accommodations

Facilities and establishments that provide goods or services to the general public, which are required by law in many jurisdictions to be accessible and non-discriminatory.