The Future Value of $200 Received Today and Deposited for Three

question 16

Multiple Choice

The future value of $200 received today and deposited for three years in an account which earns semiannual interest of 8 percent is ________.

• A) $253
• B) $252
• C) $158
• D) $135

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Definitions:

Sleep Deprivation

A condition resulting from insufficient sleep, affecting physical and mental performance and health.

Physiological Effects

The physical changes and responses in the body resulting from various factors, including stress, drug use, and disease.

Psychological Effects

The emotional or mental impact resulting from specific events, situations, or stimuli.

Psychological Dependence

A condition in which an individual feels a compelling emotional need to continue using a substance.