Present Value of 1 Future Value of 1

question 54

Multiple Choice

Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 Jessica received a gift of $7,500 at the time of her high school graduation. She invests it in an account that yields 10% compounded semi-annually. What will the value of Jessica's investment be at the end of 5 years?

• A)$8,250.00
• B)$11,250.00
• C)$12,216.75
• D)$9,375.00
• E)$10,500.00

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Definitions:

Eighth-Grade Students

Typically refers to students who are in the eighth grade, usually between the ages of 13 and 14, in the education system of many countries.

U.S. Public Schools

Educational institutions in the United States that are operated by government funding and are accessible to all children without charge.

Stereotype Threat

A psychological phenomenon where individuals fear being judged or treated stereotypically, which can negatively affect their performance in various settings.

Disadvantaged Groups

Communities or populations that face social, economic, or political barriers that prevent them from accessing the same opportunities or resources as other segments of society.