You Receive $2,000 Today Which You Plan to Save for 15

question 123

Multiple Choice

You receive $2,000 today which you plan to save for 15 years.If the interest rate is 4 percent,what is the future value of this $2,000?

• A)$3,494.40
• B)$3,585.85
• C)$3,601.89
• D)$3,676.14

---

Definitions:

Observable Behavior

Actions or reactions of an individual that can be directly noticed and measured by others, excluding internal processes not visible externally.

Future Self

The conception of oneself in the future, encompassing hopes, fears, goals, and potential changes over time.

Self-control

The skill to control emotions, thinking, and conduct in scenarios involving temptations and instinctive urges.

Alignment

The act of adjusting or arranging elements in a straight line or in correct relative positions; in a social context, it refers to the process of aligning one's behavior or attitudes with those of a group or another individual.