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:

Prima Facie Case

A prima facie case is the establishment of a legally required rebuttable presumption, demonstrating enough evidence to support a particular proposition unless disproved by further evidence.

Disparate-Treatment Discrimination

A form of discrimination where an individual is treated less favorably than others because of a protected characteristic such as race, sex, or religion.

Illegal Discharge

The unauthorized release of pollutants or contaminants into the environment, often violating environmental protection laws.

Typing Speed

Measures the number of words or characters one can type in a set time frame, typically expressed in words per minute (WPM).