What Is the Future Value (FV)of $20 000 in Four

question 51

Multiple Choice

What is the future value (FV) of $20 000 in four years, assuming the interest rate is 12% per year?

• A)$32 020.64
• B)$28 292.66
• C)$31 470.39
• D)$17 096.08

---

Definitions:

Verbal Behaviors

Refers to the ways in which individuals use language and speech to communicate with each other, encompassing a variety of styles and techniques.

Expressing Feelings

The communication of one's emotional states to others through words, actions, or artistic expression.

Nonverbal Messages

Information conveyed without words, using gestures, body language, facial expressions, and other visual cues.