The Following Question Is Based on the Following Table

question 13

Multiple Choice

The following question is based on the following table:
Percentage Distribution of Households by Annual Income, United States, 2009

-Using the table above,82 percent of the households in 2009 had annual incomes of

• A) less than $15,000.
• B) more than $25,000.
• C) between $35,000 and $50,000.
• D) at least $75,000.
• E) more than $100,000.

---

Definitions:

Future Value

The worth of a particular asset or amount of money at a future date, equal in value to a certain amount in the present.

Retirement Savings Plan (RSP)

A financial arrangement designed to help individuals save for their retirement, often with tax advantages.

Compounded Monthly

The process of earning interest on both the original deposit and the accumulated interest from previous periods, calculated on a monthly basis.

Trust Fund

A legal arrangement in which assets are held by a third party for the benefit of another party or parties.