Mary Wants to Have $150 After Six Years by Depositing

question 2

Multiple Choice

Mary wants to have $150 after six years by depositing $100 today and earning six percent interest compounded annually for the next six years.Can Mary attain her financial goal of having $150 lump sum six years later?

• A)Yes,the future value is more than $150.
• B)Yes,the present value is more than $150.
• C)No,the present value is less than $150.
• D)No,the future value is less than $150.

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Definitions:

Wound Drainage

The flow of fluid, which may contain blood, pus, or other liquids, from a wound, indicating the body's response to injury or infection.

Exudate

Fluid, such as pus or clear fluid, that leaks out of blood vessels into nearby tissues as a result of inflammation or injury.

Superficial Wounds

Injuries that affect only the surface layers of the skin, often requiring minimal medical treatment.

Localized Inflammation

Inflammation that is confined to a specific area of the body, often resulting in redness, heat, pain, or swelling.