If $14,000 Is Invested Annually in an Account with 9

question 8

Multiple Choice

If $14,000 is invested annually in an account with 9% interest compounding yearly,what will the balance of the account be after five years? Refer to the following Future Value table:
Future value of annuity of $1:
$$\begin{array} { | l | r | r | r | } \hline & { 7 \% } & 8 \% & 9 \% \\\hline 1 & 1.000 & 1.000 & 1.000 \\\hline 2 & 2.070 & 2.080 & 2.090 \\\hline 3 & 3.215 & 3.246 & 3.278 \\\hline 4 & 4.440 & 4.506 & 4.573 \\\hline 5 & 5.751 & 5.867 & 5.985 \\\hline 6 & 7.153 & 7.336 & 7.523 \\\hline 7 & 8.654 & 8.923 & 9.200 \\\hline\end{array}$$

• A) $83,790
• B) $24,464
• C) $24,435
• D) $23,450

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Definitions:

Sexuality

The way people experience and express themselves sexually, including biological, erotic, physical, emotional, social, or spiritual feelings.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity, often based on social, cultural, and psychological aspects rather than biological.

Sexual Scripts

Socially learned ways of responding in sexual situations, encompassing desires, behaviors, and practices.

STIs

Sexually Transmitted Infections, diseases passed from one person to another through sexual contact.