If You Invest $1,600 at the End of Every Year

question 128

Multiple Choice

If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to: Future Value of $1
Future Value of Annuity of $1

• A)$2702.
• B)$6400.
• C)$7874.
• D)$4662.

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Definitions:

Willful Destruction By Fire

An act of intentionally setting fire to property, typically constituting a criminal offense.

Forgery

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