If You Invest $6000 at the End of Every Year

question 16

Multiple Choice

If you invest $6000 at the end of every year for nine years at an interest rate of 6%, the balance of your investment in 5 years will be closest to: Future Value of $1
Future Value of Annuity of $1

• A)$8028.
• B)$33,822.
• C)$25,272.
• D)$30,000.

---

Definitions:

Court Systems

The organized structure of courts within a jurisdiction, handling various types of legal disputes and the administration of justice.

United States

A federal republic in North America, comprised of 50 states, a federal district, five territories, and various possessions.

Legal Memorandum

A document written by an attorney or paralegal presenting research, analysis, and legal arguments related to a specific legal issue or case.

Internal Legal

Pertaining to or within the legal processes, decisions, or documents of an organization or institution.