Which of the Following Is Not Necessary to Know in Computing

question 64

Multiple Choice

Which of the following is not necessary to know in computing the future value of an annuity?

• A) Amount of the periodic payments
• B) Interest rate
• C) Number of compounding periods
• D) Year the payments begin

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Definitions:

Automatically Processed

Information that is processed in the mind effortlessly and without the need for conscious thought.

Email Checking

The action of looking through one's email inbox to read or manage incoming messages, often considered a routine part of personal and professional life.

Imagery

The use of descriptive language to create pictures in the mind or the visualization of scenes or objects.

Bicycle

A human-powered vehicle with two wheels attached to a frame, one behind the other, propelled by pedals.