The Future Value of $200 Received Today and Deposited at 8

question 115

Multiple Choice

The future value of $200 received today and deposited at 8 percent compounded semiannually forthree years is ________.

• A) $252
• B) $380
• C) $158
• D) $253

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Definitions:

Sex Chromosomes

Chromosomes that determine an individual's biological sex, typically presented as XX for females and XY for males in humans, affecting the development of sexual characteristics.

Adoption

The legal process by which a person becomes the lawful parent of a child who is not their biological offspring, providing the child with a new permanent family.

Personality Traits

Enduring characteristics or qualities that define an individual's patterns of thought, feeling, and behavior.

Genetics

The study of heredity and the variation of inherited characteristics.