What Is the Future Value of $2,500 Deposited for One

question 141

Multiple Choice

What is the future value of $2,500 deposited for one year earning a 14% interest rate annually?

• A) $2,550
• B) $2,850
• C) $2,950
• D) $3,150

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Definitions:

Altruistic Gene

A hypothetical gene that influences individuals to act in a selfless manner for the benefit of others.

Biological Factors

Intrinsic physiological and genetic attributes that influence an individual's behavior, health, and development.

Prosocial Behaviour

Voluntary actions intended to benefit or help others without the expectation of external rewards.

Traditional Theories

Established principles and ideas that serve as the foundation for understanding various aspects of human behavior and societal functions.