Future Value Given a 4 Percent Interest Rate,compute the Year

question 118

Multiple Choice

Future Value Given a 4 percent interest rate,compute the year 6 future value of deposits made in years 1,2,3,and 4 of $1,000,$1,200,$1,200,and $1,400.

• A)$4,334.53
• B)$5,070.78
• C)$5,191.68
• D)$5,484.56

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Definitions:

Proportional Plus Derivative

A control method in feedback system design that uses a combination of the proportional and derivative actions to improve system response and stability.

PID

Proportional-Integral-Derivative closed-loop control that lets the user hold a process variable at a desired set-point.

Thermistor

A type of resistor whose resistance varies significantly with temperature, widely used as temperature sensors.