What Is the Future Value in Six Years of $10

question 67

Multiple Choice

What is the future value in six years of $10 000 invested today,compounding at 6.87% per annum?

• A) $14 122.00
• B) $14 898.24
• C) $15 128.26
• D) $23 051.04

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Definitions:

Zeitgeber

External or environmental cue that synchronizes an organism's internal body clock to the 24-hour day and night cycle, such as light.

Circadian Rhythm

The roughly 24-hour cycle in the physiological processes of living beings, influencing sleep-wake patterns, hormone release, and other bodily functions.

Diurnal

Pertaining to or active during the day, as opposed to nocturnal.