The Future Value of $500 Invested at the End of Each

question 21

True/False

The future value of $500 invested at the end of each of the next three years is $1,555 (assuming a 10% interest rate).

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Definitions:

Thrust Fault

A type of fault in which the upper block, above the fault plane, moves up and over the lower block.

Anticline

A type of fold in sedimentary rocks that resembles an arch, with the oldest rock layers at its core, indicative of compressional tectonic forces.

Syncline

a downward-curving (trough-like) fold in rock layers where the youngest materials are at the center.

Monocline

A geological fold in which all strata are inclined in the same direction, forming a step-like feature in the landscape.