Suzette Is Going to Receive $10,000 Today as the Result

question 114

Multiple Choice

Suzette is going to receive $10,000 today as the result of an insurance settlement. In addition,she will receive $15,000 one year from today and $25,000 two years from today. She plans on saving all of this money and investing it for her retirement. If Suzette can earn an average of 11% on her investments,how much will she have in her account if she retires 25 years from today?

• A) $536,124.93
• B) $541,414.14
• C) $546,072.91
• D) $570,008.77
• E) $595,098.67

---

Definitions:

Monogamy

A mating system where an individual has only one partner during a mating season or for a significant period of their life.

Resources

The natural or artificial materials, assets, and conditions available to individuals or populations for growth, survival, and reproduction.

Socio-ecological Framework

An approach for understanding the dynamic interrelations among individuals, societies, and environmental systems.

Resource Defense Polygyny

A mating system where males control access to valuable resources in order to attract and mate with females.