Which of the Following Is Closest to the Future Value

question 105

Multiple Choice

Which of the following is closest to the future value of an $800,000 deposit earning 2 percent interest annually after 20 years?

• A)$1,120,262
• B)$1,188,758
• C)$1,201,204
• D)$1,176,224

---

Definitions:

Scales Included

Indicates that specific scales or measurements are part of a study, test, or assessment tool.

Reliability Scales

Tools or measures used to assess the consistency of results across different times, items, and raters.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, emphasizing the importance of the individual psyche and the personal quest for wholeness.

Myers-Briggs Type Indicator

A self-report inventory designed to identify a person's personality type, strengths, and preferences, based on Jungian psychology.