You Are Investing $100 Today in a Savings Account at Your

question 67

Multiple Choice

You are investing $100 today in a savings account at your local bank.Which one of the following terms refers to the value of this investment one year from now?

• A)future value
• B)present value
• C)principal amounts
• D)discounted value
• E)invested principal

---

Definitions:

Solutions

The values or sets of values that satisfy the conditions of an equation or inequality.

Infinite Solutions

A condition in which an equation or system of equations has an unlimited number of solutions.

Consistent

Refers to something that is unchanged throughout in terms of behavior or pattern.