The Future Value of an Annuity Factor for Two Periods

question 23

Multiple Choice

The future value of an annuity factor for two periods is equal to

• A)1 plus the interest rate.
• B)2 plus the interest rate.
• C)2 minus the interest rate.
• D)2.

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Definitions:

Libel

The written form of defamation.

Plaintiff

The party that initiates a lawsuit by filing a complaint with the clerk of the court against the defendant(s) demanding damages, performance, and/or court determination of rights.

FDA

The Food and Drug Administration, a U.S. federal agency responsible for regulating food, drugs, medical devices, and other consumer products to ensure they are safe and effective.

Standard Of Care

The watchfulness, attention, caution, and prudence that a reasonable person in the circumstances would exercise.