Narrative 11-1 Solve the Following Problems Using Either Tables 11-1 or 11-2

question 131

Multiple Choice

Narrative 11-1
Solve the following problems using either Tables 11-1 or 11-2 from your text. When necessary, create new table factors. (Round new table factors to five decimal places, round dollars to the nearest cent and percents to the nearest hundredth of a percent)
-Suppose you wish to have $15,000 in 19 years. Use the present value formula to find how much you should invest now at 9% interest, compounded annually in order to have $15,000, 19 years from now.

• A) $2,917.35
• B) $1,350.00
• C) $12,082.65
• D) $9,165.30

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Definitions:

Dean Ornish

A physician and researcher known for his lifestyle-based approach to the prevention and treatment of heart disease.

Cognitive-behavioral Group Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts, delivered in a group setting.

Cardiovascular Disease

A group of disorders that affect the heart and blood vessels, including coronary artery disease, heart attack, and stroke.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, a critical vital sign helping to identify various health conditions.