Assume That You Invest $1250 at the End of Each

question 37

Multiple Choice

Assume that you invest $1250 at the end of each of the next 15 years in a mutual fund. You currently have $10,000 in the mutual fund. The annual rate of interest that you expect to earn in this account is 4.35 percent. The amount in the account at the end of 15 years is

• A) $58,940.30.
• B) $28,750.00.
• C) $37,009.35.
• D) $44,630.81.
• E) $25,690.50.

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Definitions:

Behavioral Interview

A structured interview that is used to collect information about past behavior.

Structured Interview

A systematic interviewing method where each interviewee is asked the same set of predetermined questions in the same order.

Past Behavior

Refers to an individual's previous actions or conduct, often considered in psychological assessments or predictive models of future behavior.

Achenbach System

A standardized tool used for assessing emotional and behavioral problems in children and adolescents.