You Know That Regular Tax-Deferred Investments Are a Popular Investment

question 67

Multiple Choice

You know that regular tax-deferred investments are a popular investment choice for many people preparing for retirement.Did you know that if you invest $2,000 today and at the end of every year for 40 years at an annual rate of 10% that you will have grown your portfolio to a value of $975,704 at the end of that time? How much of that future value dollar amount comes from the $2,000 investment you made today?

• A)$975,704
• B)$885,185
• C)$23,798
• D)$90,519

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Definitions:

Justified Frustration

A feeling of irritation or annoyance deemed reasonable under specific circumstances.

Dorsal Anterior Cingulate Cortex

A region of the brain associated with emotion processing, decision-making, and cognitive control.

Amygdala

The brain structure responsible for emotion processing, fear recognition, and the fight-or-flight response.

Prefrontal Cortex

The region of the brain located at the front of the frontal lobes, responsible for complex cognitive behavior, decision making, and moderating social behavior.