The Future Value of an Ordinary Annuity of $2,000 Each

question 82

Multiple Choice

The future value of an ordinary annuity of $2,000 each year for 10 years, deposited at 12 percent, is ________.

• A) $35,098
• B) $20,000
• C) $39,310
• D) $11,300

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Definitions:

Unsafe Practices

Behaviors or procedures that put individuals at risk of injury or health hazards, often violating established safety regulations and standards.

Fair Hearing

A judicial or administrative procedure that guarantees an individual the opportunity to express their case in a just and equitable manner before making a decision that affects their rights or interests.

Right of Privacy

The right of individuals to keep their personal information confidential and protected from unauthorized use in the workplace.

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The degree of independence and self-direction that an individual or entity has in making decisions or controlling activities.