You Are Scheduled to Receive $30,000 in Two Years

question 46

Multiple Choice

You are scheduled to receive $30,000 in two years.When you receive it,you will invest it for 5 more years,at 6 percent per year.How much money will you have 7 years from now?

• A)$38,909.19
• B)$39,381.16
• C)$40,146.77
• D)$47,209.19
• E)$51,414.73

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Definitions:

Personal Limitations

Self-acknowledged boundaries or restrictions in skills, capabilities, or personal capacity.

Loneliness

A complex and usually unpleasant emotional response to isolation or lack of companionship, which may vary in intensity and duration.

Loneliness Scales

Psychological tools designed to measure an individual's subjective feelings of loneliness or social isolation.

Social Encounters

involve interactions between individuals or groups, which can range from brief and informal meetings to more structured and significant engagements.