Suzette Is Going to Receive $10,000 Today as the Result

question 35

Multiple Choice

Suzette is going to receive $10,000 today as the result of an insurance settlement. In addition, she will receive $15,000 one year from today and $25,000 two years from today. She plans on saving
All of this money and investing it for her retirement. If Suzette can earn an average of 11% on her
Investments, how much will she have in her account if she retires 25 years from today?

• A) $536,124.93
• B) $541,414.14
• C) $546,072.91
• D) $570,008.77
• E) $595,098.67

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