Suzette Is Going to Receive $10,000 Today as the Result

question 114

Multiple Choice

Suzette is going to receive $10,000 today as the result of an insurance settlement. In addition,she will receive $15,000 one year from today and $25,000 two years from today. She plans on saving all of this money and investing it for her retirement. If Suzette can earn an average of 11% on her investments,how much will she have in her account if she retires 25 years from today?

• A) $536,124.93
• B) $541,414.14
• C) $546,072.91
• D) $570,008.77
• E) $595,098.67

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Definitions:

Effective Leadership

Effective leadership is the ability of a leader to inspire, influence, and guide individuals or groups towards achieving common goals with competence and integrity.

Project Managers

Professionals responsible for planning, executing, and closing projects, ensuring they are completed on time, within budget, and to specified quality standards.

Big Picture

An overview or broad perspective of an issue or situation, taking all relevant aspects and potential implications into account.

Project-based Organizations

Organizations that operate primarily through projects, with teams formed specifically to deliver project objectives.