Which Function Will Calculate the Current Value on an Investment

question 57

Multiple Choice

Which function will calculate the current value on an investment that will earn 5% interest on yearly payments of $100 over 10 years?

• A)FV
• B)PV
• C)NPV
• D)PMT

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Definitions:

Foreign Aid

Financial, technical, or material support given by one country to another, often for development projects, humanitarian aid, or to foster diplomatic relationships.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period, a primary indicator of an economy's health.

Federal Government

The national government of a federal system, possessing powers enumerated by its constitution.

Social Security Taxes

Social Security taxes are taxes levied on both employers and employees to fund the Social Security program, providing benefits for retirees, disabled persons, and survivors.