Present Value of 1 Future Value of 1

question 14

Multiple Choice

Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 A company has $46,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years?

• A)$58,204
• B)$47,840
• C)$58,075
• D)$57,040
• E)$62,582

---

Definitions:

Black Soldiers

African American military service members who have served in various capacities and conflicts throughout U.S. history, often facing segregation and discrimination.

Confederate Forces

Military forces of the Confederacy during the American Civil War, fighting against the Union.

Battle Of Vicksburg

A significant battle during the American Civil War, where Union forces led by General Ulysses S. Grant besieged and captured Vicksburg, Mississippi, in 1863, thus gaining control of the Mississippi River.

Mississippi River

One of the longest rivers in North America, flowing south from its source in Minnesota to the Gulf of Mexico, serving as a vital waterway for transportation and agriculture.