The Future Value of $200 Received Today and Deposited at 8

question 54

Multiple Choice

The future value of $200 received today and deposited at 8 percent compounded semiannually for three years is ________.

• A) $380
• B) $158
• C) $253
• D) $252

---

Definitions:

Helvetica Bold

A widely used sans-serif typeface characterized by its clean, simple shapes and its bold variant, offering clarity and emphasis in textual content.

Visual Patterns

The recognizable and repetitive arrangements or sequences observed in visual elements, often used in art, design, and data visualization.

Chunking

A cognitive strategy that involves breaking down information into smaller, manageable units for easier processing and recall.

Queuing

The process or system by which items or people are organized into a line awaiting service or processing.