Which of the Following Estimates How Much You Will Have

question 14

Multiple Choice

Which of the following estimates how much you will have in the future if you save or invest a set dollar amount on a regular basis?

• A) FV of a lump sum.
• B) PV of a lump sum.
• C) FV of an annuity.
• D) PV of an annuity.

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Definitions:

Liver

A vital organ that performs essential functions such as detoxifying harmful substances, synthesizing proteins, and producing biochemicals necessary for digestion.

Eyeballs

The globular organs in the head through which individuals see; part of the visual system.

Apgar Scale

Standard measurement of a newborn's condition; it assesses appearance, pulse, grimace, activity, and respiration.

Newborn's Appearance

Describes the physical characteristics and initial health status of a baby immediately after birth.