Present Value of 1 Future Value of 1

question 42

Multiple Choice

Present Value of 1 Future Value of 1 Present Value of an Annuity of 1 Future Value of an Annuity of 1 An individual is planning to set-up an education fund for her daughter. She plans to invest $7,000 annually at the end of each year. She expects to withdraw money from the fund at the end of 9 years and expects to earn an annual return of 8%. What will be the total value of the fund at the end of 9 years?

• A)$87,413
• B)$68,040
• C)$50,400
• D)$126,000
• E)$45,360

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Definitions:

Vitamins A, E, D, K

Fat-soluble vitamins essential for various bodily functions such as vision, antioxidant protection, bone health, and blood clotting.

Lipids

A group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins (such as vitamins A, D, E and K), monoglycerides, diglycerides, triglycerides, phospholipids, and others.

Vasoconstriction

The narrowing of blood vessels, which increases blood pressure and reduces blood flow to certain areas of the body.

Environmental Temperature

The measure of heat in the environment, affecting both living and non-living entities.