Deposits of $1500 Are Made Every 3 Months Starting Today,October

question 35

Multiple Choice

Deposits of $1500 are made every 3 months starting today,October 5,2010.The final deposit is made on January 5,2015.If the fund earns j₄ = 8%,how much is in the fund immediately after the deposit on January 5,2015?

• A)$30,018.11
• B)$30,618.47
• C)$32,118.47
• D)$34,260.84

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Definitions:

Sex Reassignment Surgery

A medical procedure or series of procedures by which a person's physical sexual characteristics are altered to resemble those socially associated with their identified gender.

Estrogen Shots

are injections of the hormone estrogen used to treat various health conditions, such as hormonal imbalances or to aid in the physical transition process for transgender women.

Transsexuals

Individuals who identify with a gender different from the one assigned at birth and who may seek to undergo medical procedures to align their physical appearance with their gender identity.

Sexual Orientation

An inherent or immutable enduring emotional, romantic or sexual attraction to other people, which can be towards the same sex, opposite sex, or both.