The Future Value of $100 Received Today and Deposited at 6

question 104

Multiple Choice

The future value of $100 received today and deposited at 6 percent for four years is

• A) $126.
• B) $ 79.
• C) $124.
• D) $116.

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Definitions:

Permissive

An adjective describing a type of behavior or attitude that is tolerant, lenient, or not strict.

Authoritative

Describing a commanding and confident nature or approach, often associated with respect and compliance from others.

Parenting Style

The manner in which parents rear and interact with their children, often categorized into types such as authoritative, authoritarian, permissive, and uninvolved.

Disengaged

Withdrawn or detached from a situation or involvement, not emotionally or intellectually interested.