You Have $20,000 of Current Income and $45,000 of Future

question 36

Multiple Choice

You have $20,000 of current income and $45,000 of future income. The interest rate between the current and future period is 2 percent. What is the maximum amount you could consume in the future?

• A)65,400
• B)69,000
• C)20,400
• D)65,000

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Definitions:

Oral Sex

Sexual activity involving the stimulation of the genitalia of a person by another person using the mouth, including lips, tongue, or teeth.

Coerce

To persuade (an unwilling person) to do something by using force or threats.

Traumatic Consequences

The severe and long-lasting effects that result from experiencing or witnessing traumatic events.

Female Rape

A serious crime involving the non-consensual sexual penetration of a female by an individual(s).