Future Value of Multiple Annuities Assume That You Contribute $200

question 27

Multiple Choice

Future Value of Multiple Annuities Assume that you contribute $200 per month to a retirement plan for 15 years.Then you are able to increase the contribution to $400 per month for another 25 years.Given a 5 percent interest rate,what is the value of your retirement plan after 40 years?

• A)$424,305.97
• B)$24,159.95
• C)$28,475.66
• D)$72,479.86

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Definitions:

Inhibitions

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Propensity

A natural inclination or tendency to behave in a particular way.

Loulan's Sexual Response Model

A model of female sexual response proposed by JoAnn Loulan that includes aspects of emotional intimacy, sexual stimuli, and sexual satisfaction.

Theoretical Perspective

A specific viewpoint or set of assumptions that guide scholarly research and analysis in social and behavioral sciences.