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

question 63

Multiple Choice

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:

• A)$45,762.
• B)$36,725.
• C)$9818.
• D)$93,219.

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Definitions:

Schizotypal Personality Disorder

A psychiatric condition characterized by severe social anxiety, thought disorder, paranoid ideation, derealization, and often unconventional beliefs.

Hypersensitive

Excessively sensitive either emotionally or in physical response to external stimuli.

Criticism

The expression of disapproval of someone or something based on perceived faults or mistakes.

Hyperactive

Characterized by more active, energetic behavior than what is typically observed, often referring to ADHD symptoms.