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

question 63

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If the current rate of interest is 8%,then the future value 20 years from now of an investment that pays $1000 per year and lasts 20 years is closest to:


Definitions:

Organogenesis

The phase during embryonic development where organs are formed from the primary germ layers.

Rubella

A contagious viral infection best known by its distinctive red rash, also called German measles.

Rh Negative

A blood group classification indicating the absence of the Rh(D) antigen on the surface of red blood cells.

Immune System

A complex network of cells, tissues, organs, and substances that helps protect the body from infections and diseases.

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