If the Current Rate of Interest Is 8%,then the Future

question 39

Multiple Choice

If the current rate of interest is 8%,then the future value 20 years from now of an investment that pays $1,000 per year and lasts 20 years is closest to:

• A) $45,761
• B) $36,725
• C) $9,818
• D) $93,219

Apply models of health behavior changes to patient care.

Comprehend the definitions and components of health and wellness.

Identify physiological risk factors and their impact on health.

Incorporate health promotion and illness prevention strategies into patient care.

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Definitions:

Aggregate Income

The total income earned by all individuals and organizations in an economy over a specific period of time.

Aggregate Income

The total income earned by all individuals and entities within an economy during a given time period.

Consumption Function

An economic formula representing the relationship between total consumption and gross national income, indicating how changes in income affect spending.

Aggregate Income

The sum of earnings for all people and organizations within a specific economic system.