Find A={12, 13, 14}; B={14, 15, 16}

question 45

Multiple Choice

Find . A={12, 13, 14}; B={14, 15, 16}

• A) ={12, 14, 14, 15, 16}
• B) ={12, 13, 14, 15, 16}
• C) ={12, 13, 14, 14, 15}
• D) ={14, 15, 16}
• E) ={12, 13, 14, 17, 12}

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Definitions:

Future Value

The estimated amount of money an investment is projected to grow to, based on a specified rate of interest or return over a set period.

Present Value

The current estimation of a future quantity of money or sequences of cash inflows, figured with an explicit rate of return.

Serial Bonds

Bonds that mature in installments at regular intervals over a period of time rather than having a single maturity date.

Debenture Bonds

Unsecured bonds that rely on the creditworthiness and reputation of the issuer for support, rather than collateral.