Which of the Following Choices Will Result in a Greater

question 60

Multiple Choice

Which of the following choices will result in a greater future value at age 65? Choice number 1 is to invest $3,000 per year from ages 20 through 26 (a total of seven investments) into an account and then leave it untouched until you are 65 (another 39 years) .Choice number 2 is to begin at age 27 and make $3,000 deposits into an investment account every year until you are 65 years old (a total of 39 investments) .Each account earns an average of 10% per year.(The investments are end-of-year payments.)

• A)Choice 1 is better than choice 2 because it has a FV of $1,304,146.89,which is greater than choice 2 FV of $1,204,343.33.
• B)Choice 2 is better than choice 1 because it has a FV of $1,304,146.89,which is greater than choice 1 FV of $1,204,343.33.
• C)Choice 2 is better than choice 1 because it has a FV of $1,204,343.33,which is greater than choice 1 FV of $1,171,042.63.
• D)Choice 1 is better than choice 2 because it has a FV of $1,288,146.89,which is greater than choice 2 FV of $1,204,343.33.

Comprehend how to utilize data, research, and value-clarifying skills in promoting policy issues.

Recognize the potential impact and strategic use of protests in the agenda building process.

Identify factors that influence legislators’ decisions to place issues on the agenda.

Understand the concept of window of opportunity and its relevance to policy initiatives.

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Definitions:

Cones

Photoreceptor cells in the retina of the eye that are responsible for color vision and function best in relatively bright light.

Afterimages

Visual sensations that remain after a stimulus is withdrawn, often in complementary colors.

Optic Chiasm

A crucial anatomical point in the brain where the optic nerves from each eye cross, significantly involved in the visual processing system.

Involuntary Eye Movements

Movements of the eye that are not controlled by the individual, often reflexive responses to stimuli or part of the body's normal physiological function.