You Will Receive a $100,000 Inheritance in 20 Years

question 214

Multiple Choice

You will receive a $100,000 inheritance in 20 years. You can invest that money today at 6% compounded annually. What is the present value of your inheritance?

• A) $27,491.53
• B) $29,767.15
• C) $31,180.47
• D) $35,492.34
• E) $100,000.00

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Definitions:

Corpus Callosum

A wide, thick nerve tract consisting of a bundle of nerve fibers that connects the two cerebral hemispheres, facilitating interhemispheric communication.

Motor Cortex

A part of the cerebral cortex concerned with devising, supervising, and enacting movements done by choice.

Left Side Of The Brain

Refers to the left hemisphere of the brain, which is typically associated with logical reasoning, analytical skills, and language processing.

Limb Movements

Physical actions or gestures involving the arms, legs, hands, or feet, often in relation to locomotion or expression.