Assume You Can Save $8,500 at the End of Year

question 106

Multiple Choice

Assume you can save $8,500 at the end of Year 2, $9,300 at the end of Year 3, and $7,100 at the end of Year 6.If today is Year 0, what is the future value of your savings 10 years from now if the rate of return is 7.8 percent annually?

• A)$35,211.57
• B)$37,235.16
• C)$40,822.55
• D)$42,321.68
• E)$44,564.54

---

Definitions:

Environmental

Pertaining to the natural and physical surroundings in which an organism lives, and how these surroundings affect behavior and development.

Behavior Systems Approach

The idea that learning evolved as a modifier of innate behavior systems and functions to change the integration, tuning, instigation, or linkages within a particular system.

Instinctive Behavior System

Innate, pre-programmed behaviors that are triggered by specific environmental cues.

Functional Features

Characteristics of an object or event that are relevant to the completion of an activity or task.