If a Father and Mother Set Aside a Certain Amount

question 55

Multiple Choice

If a father and mother set aside a certain amount each year for their daughter's college fund, which table would be used to determine the amount necessary to be put away each year in order to reach a certain goal once the daughter attends college?

• A) The present value of $1
• B) The future value of $1.
• C) The future value of an annuity of $1.
• D) Present value of an annuity of $1.

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Definitions:

Worm

A type of malware that replicates itself to spread to other computers, often causing harm by consuming bandwidth or corrupting files.

Spear Phishing

A targeted phishing attack that sends e-mails to people known to be customers of a company. Such attacks have a much greater chance of successfully getting individuals to reveal sensitive data.

Rootkit

A rootkit is a type of malware designed to gain unauthorized access to a computer system while hiding its presence or the presence of other malicious software.

Scareware

A type of malware that’s downloaded onto your computer and that tries to convince you that your computer is infected with a virus or other type of malware.