Which of the Following Is Closest to the Future Value

question 7

Multiple Choice

Which of the following is closest to the future value of a $100 deposit earning 5 percent interest annually after 5 years?

• A)$125
• B)$128
• C)$1,268
• D)$105

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Definitions:

Self-awareness Theory

A psychological theory suggesting that when individuals focus their attention on themselves, they evaluate and compare their behavior to their internal standards and values.

Relevant Standards

Criteria or benchmarks that are applied to evaluate the appropriateness, significance, or quality of something.

Attention

The process of selectively focusing on specific information in the environment, while ignoring other information.

Misattribution of Arousal

A psychological phenomenon where a person mistakenly attributes their emotional or physiological state to the wrong source or cause.