What Is the Future Value of a Stream of $800

question 55

Multiple Choice

What is the future value of a stream of $800 annual payments worth to the investor at the end of 10 years if these payments are invested at an annual rate of return of 8.5%?

• A)$11,868.08
• B)$12,195.22
• C)$13,334.90
• D)$13,667.88

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Definitions:

Visual

Pertaining to the sense of sight and the ability to interpret the surrounding environment through light in the visible spectrum.

Loose Associations

A thought disorder characterized by a disorganized way of thinking, where connections between thoughts are unclear or not logical.

Clang

A rhyme used by some people with schizophrenia as a guide to forming thoughts and statements.

Neologisms

Newly coined words, expressions, or usages that may be created by individuals in various contexts, including linguistics, literature, and mental health disorders.