What Amount of Cash Would Result at the End of One

question 77

Multiple Choice

What amount of cash would result at the end of one year,if $15,000 is invested today and the rate of return is 8%? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.)

• A) $16,200
• B) $13,889
• C) $15,000
• D) $1,200

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Definitions:

Tuskegee Syphilis

A notorious and unethical study conducted between 1932 and 1972 by the U.S. Public Health Service on the effects of untreated syphilis in African American men.

African American

A term referring to Americans of African descent, particularly those whose ancestors were brought to America through the transatlantic slave trade.

Risk-Benefit

The comparison between the potential risks and benefits of a specific action or decision, often used in healthcare and research to make informed choices.

Cost-Benefit

A comparison that assesses the relative advantages and disadvantages of certain decisions, actions, or policies in terms of both their costs and their benefits.