Find the Future Value

question 117

Multiple Choice

Find the future value.
-$4013 invested for 9 years at 4.1% compounded quarterly

• A) $5761.37
• B) $5782.34
• C) $5800.30
• D) $5793.06

---

Definitions:

Sociological Analysis

The examination and interpretation of social behaviors, patterns, and structures to understand human society and social interactions.

Sample

A subset of a population selected for measurement, observation, or questioning to provide statistical information about the population.

Population

Refers to the total number of people living in a specific area at a given time.

Survey

A research method involving the collection of data from a predefined group of respondents to gain information and insights on various topics of interest.