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

question 47

Multiple Choice

If the current rate of interest is 8% APR,then the future value of an investment that pays $250 per quarter and lasts 20 years is closest to:

• A)$18,519.
• B)$48,443.
• C)$9936.
• D)$20,000.

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Definitions:

Lucid Dreams

Dreams in which the dreamer is aware of dreaming.

REM Sleep

A phase of sleep characterized by rapid eye movements, more dreaming and bodily movement, and faster pulse and breathing.

Conscious

Awareness of one's own existence, sensations, thoughts, and surroundings.

Problem-focused

A coping mechanism that aims to address the root cause of a stressor or problem directly, rather than dealing with its symptoms.