The Future Value of $1,000 Deposited a Year for 5

question 50

Multiple Choice

The future value of $1,000 deposited a year for 5 years earning 4 percent would be approximately:

• A) $5,000
• B) $5,250
• C) $5,400
• D) $6,500
• E) $8,200

---

Definitions:

Babbling

An early stage in language acquisition where infants produce sounds or syllables repetitively, which precedes the development of spoken words.

Scaffolding

A teaching method that involves providing learners with temporary support until they can perform tasks independently.

Comprehends

The act of grasping the meaning, nature, or significance of something.

Mommy

A colloquial term for a mother, often implying a nurturing and close emotional relationship.