You Begin Making Monthly Deposits of $400 on June 3,2007

question 64

Multiple Choice

You begin making monthly deposits of $400 on June 3,2007 in a fund earning j₁₂ = 9%.How much do you have in the fund immediately after the deposit on October 3,2010?

• A)$19,661.32
• B)$19,117.93
• C)$18,578.59
• D)$14,073.23

---

Definitions:

Feminine

Qualities or attributes traditionally associated with women or considered characteristic of women.

Erik Erickson

A developmental psychologist known for his theory on the psychosocial development of humans, identifying eight stages from infancy to adulthood.

Generativity

A concept in psychology referring to the concern for establishing and guiding the next generation, often associated with middle adulthood.

Stagnation

A period of little or no growth, development, or progress.