What Is the Future Value (FV)of $72,000 in 25 Years,assuming

question 54

Multiple Choice

What is the future value (FV) of $72,000 in 25 years,assuming the interest rate is 5.5% per year?

• A)$1.9 million
• B)$274,564
• C)$171,000
• D)$1.8 million
• E)$144,000

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Definitions:

Cochlear Implants

Electronic devices that provide a sense of sound to a person who is profoundly deaf or severely hard of hearing.

Primary Auditory Cortex

The area in the temporal lobe of the brain that processes sounds and auditory data.

Hearing Loss

A partial or total inability to hear sounds in one or both ears.

Planum Temporale

A brain structure involved in processing language and located within the temporal lobe, often larger in the hemisphere that is dominant for language.