What Is the Future Value of $124

question 80

Multiple Choice

What is the future value of $124.49 after earning simple interest for five years at an annual rate of 10%?

• A) $162.25
• B) $186.74
• C) $200.49
• D) $136.94
• E) $175.00

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Definitions:

Subcultures

Cultural groups within a larger culture, often with beliefs or interests at variance with those of the larger culture.

Symbols

Objects, signs, or emblems that represent or stand for something else, often communicating complex ideas, concepts, or values.

Ethnic Group

A community of people who share a common cultural background, ancestry, language, history, and often, geographic origin.

Sexual Behavior

The manner in which individuals express their sexuality, encompassing activities, practices, and psychological aspects associated with sexuality.