If You Want to Have $10 000 for a Down

question 26

Multiple Choice

If you want to have $10 000 for a down payment on a new car in three years, assuming an interest rate of 4.5 percent compounded annually, how much money do you need to deposit as a lump sum today?

• A)$8412
• B)$8712
• C)$8112
• D)$8763

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Definitions:

Platelets

Small blood cells that play a key role in clotting and stopping bleeding by clumping and forming plugs in blood vessel injuries.

Nitrosoureas

A class of chemotherapy drugs used to treat various types of cancer, known for their ability to cross the blood-brain barrier.

Intrathecal Chemotherapy

A type of chemotherapy where drugs are injected directly into the cerebrospinal fluid bathing the brain and spinal cord.

Methotrexate

A medication used in treating various types of cancer and autoimmune diseases by inhibiting the growth of rapidly dividing cells.