What Is the Future Value of $121,307 Invested Today in an Account

question 111

Multiple Choice

What is the future value of $121,307 invested today in an account that earns a 7.5% annual rate in 40 years?

• A)$1,456,876
• B)$457,987
• C)$2,188,893
• D)$1,545,420

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Definitions:

Eye Contact

Refers to the act of two people looking directly into each other’s eyes, which can be a powerful form of nonverbal communication, indicating various emotions or intentions.

IV Infusion Pumps

Mechanical devices that deliver fluids, such as nutrients and medications, directly into a patient's circulatory system through an intravenous line.

Short Term

Referring to a limited time period, usually less than a year, often used in the context of goals, memory, or financial investments.

Work-Related

Pertaining to activities, conditions, or situations that are part of, influenced by, or occur in the context of one's occupation or job responsibilities.