Use the Present Value Formula to Determine the Amount to Be

question 67

Multiple Choice

Use the present value formula to determine the amount to be invested now, or the present value needed.
-The desired accumulated amount is $3100 after 2 years invested in an account with 5% interest Compounded quarterly.

• A) $293.26
• B) $3423.91
• C) $2806.74
• D) $2811.79

---

Definitions:

Tidal Volume

The amount of air moved into or out of the lungs during normal breathing.

Vital Capacity

The greatest volume of air that can be forcefully exhaled after taking the deepest breath possible.

Elastic Recoil

The ability of a tissue to return to its original shape after being stretched or compressed.

Muscle Contraction

The process whereby muscle fibers generate tension through the action of actin and myosin crossbridges.