Present Value of 1 Future Value of 1

question 61

Multiple Choice

Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 Clara is setting up a retirement fund, and she plans on depositing $5,000 per year in an investment that will pay 7% annual interest. How long will it take her to reach her retirement goal of $69,082?

• A)13.816 years
• B)0.072 years
• C)10 years
• D)20 years
• E)5 years

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Definitions:

Satiety Center

A region in the brain, particularly the hypothalamus, responsible for regulating feelings of fullness and controlling appetite.

Extracellular Fluid

The fluid environment outside cells, facilitating the transport of substances and playing a crucial role in maintaining physiological conditions.

Hyperglycemia

A condition characterized by an excessive amount of glucose circulating in the blood plasma.

Immune System

The body's defense mechanism against infectious organisms and other invaders, composed of special cells, proteins, tissues, and organs.