Use This Information to Answer the Following Question A Single Deposit of $2,000 Made at the Beginning of

question 71

Multiple Choice

Use this information to answer the following question. $\begin{array}{|c|c|c|}\hline \text { Periods } & \text { Future Value of } \$ 1 \text { at } 12 \text { Percent } & \begin{array}{c}\text { Future Value of Ordinary Annuity of } \\\$ 1 \text { at } 12 \text { Percent }\end{array} \\\hline 1 & 1.120 & 1.000 \\\hline 2 & 1.254 & 2.120 \\\hline 3 & 1.405 & 3.374 \\\hline\end{array}$
A single deposit of $2,000 made at the beginning of period 1 would grow to how much at the end of three years?

• A) $2,240.00
• B) $2,810.00
• C) $2,508.00
• D) $6,748.00

---

Definitions:

Gravity Feedings

A method of delivering enteral nutrition or fluids using the natural force of gravity, often through a feeding tube.

Heart Attack

A medical condition caused by the blockage of blood flow to the heart muscle, also known as myocardial infarction.

Olive Oil

A liquid fat obtained from olives, used in cooking, cosmetics, and as a dressing, notable for its health benefits including heart-healthy monounsaturated fats.

Condiment

A substance, such as salt, mustard, or ketchup, used to add flavor to food.