When Solving for the Future Value of an Amount Deposited

question 116

Multiple Choice

When solving for the future value of an amount deposited now, which one of the following factors would not be an inputpart of the calculation?

• A)present value amount
• B)1 plus the interest rate
• C)1 divided by the sum of 1 plus the interest rate
• D)number of periods to compound over

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Definitions:

Phobias

Extreme or irrational fears of specific objects, situations, or activities, leading to significant distress and avoidance behavior.

Operant Conditioning

A teaching mechanism in which the intensity of an action is altered through positive reinforcement or disciplinary actions.

Expectancy

The anticipation or belief about what will happen in the future, often based on past experiences or current evidence.

Judgement Creditor

An individual or entity that has won a monetary judgement against a debtor in court, granting them the right to collect the judgment amount from the debtor.