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:

Representation

In cognitive science and neurology, the manner in which information is encoded and stored in the brain.

Hands

The end part of a person's arm beyond the wrist, including the palm, fingers, and thumb, crucial for manipulating objects and executing tasks.

Lips

The fleshy, movable structures forming the opening of the mouth, involved in speaking, tasting, and expressing emotions.

Paraplegia

A condition characterized by the paralysis of the lower half of the body, typically caused by spinal cord injury or a congenital condition.