The Masterson Family Is Setting Up a Vacation Fund,and They $\bold{\text{(Use appropriate factor(s)from the tables provided.)}}$

question 61

Multiple Choice

The Masterson family is setting up a vacation fund,and they plan on depositing $1,000 per quarter in an investment that will pay 12% annual interest.What amount will they have available for their vacation at the end of 2 years? (PV of $1,FV of $1,PVA of $1,and FVA of $1) $\bold{\text{(Use appropriate factor(s) from the tables provided.) }}$

• A)$8,000.00
• B)$8,960.00
• C)$8,892.30
• D)$8,240.00
• E)$8,487.20

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Waist

The part of the human body below the ribs and above the hips, often used as a measure of a person's build or for fitting clothes.

Histology

The study of the microscopic structure of tissues.

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Groups of cells that perform a similar function and are the building blocks of organs and structures in the body.

Cardiovascular System

The system comprising the heart and blood vessels, responsible for circulating blood throughout the body to supply oxygen and nutrients.