If You Save Monthly for Retirement,which of the Following Would

question 80

Multiple Choice

If you save monthly for retirement,which of the following would be used to determine how much you would ultimately have in your retirement account?

• A)Present value of an annuity
• B)Future value of an annuity
• C)Present value of $1
• D)Future value of a lump sum

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Definitions:

Central Nervous

Often referred to as the central nervous system, it includes the brain and spinal cord, responsible for processing and sending out signals to the rest of the body.

Spinal Cord

The long, thin, tubular structure made up of nervous tissue that extends from the brain, encased within the spine, facilitating communication between the brain and the rest of the body.

Cerebellum

The cerebellum is a section of the brain located at the back and lower part of the skull which coordinates voluntary movements, maintains posture, and balances.

Coordinating Movements

The process through which the body's muscular, skeletal, and nervous systems work together to execute complex motor tasks.