The Future Value of $100 Received Today and Deposited in an Account

question 129

Multiple Choice

The future value of $100 received today and deposited in an account for four years paying semiannual interest of 6 percent is________ .

• A) $134
• B) $126
• C) $889
• D) $450

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Definitions:

Medical Bill

A statement detailing charges for medical services rendered, issued to the patient or their insurer.

Cadaver

A dead human body used for medical research, education, or forensic purposes.

Negative Consequences

Unfavorable or adverse outcomes resulting from a specific event or condition.

Ethics

The branch of philosophy that deals with questions about morality, including the goodness or badness of actions, the rights and wrongs of decisions.