Future Value: You Are Interested in Investing $10,000, a Gift

question 1

Multiple Choice

Future value: You are interested in investing $10,000, a gift from your grandparents, for the next four years in a managed fund that will earn an annual return of 8 percent. What will your investment be worth at the end of four years? (Round to the nearest dollar.)

• A) $10,800
• B) $13,605
• C) $13,200
• D) $12,400

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Definitions:

Niche

The totality of an organism’s adaptations, its use of resources, and the lifestyle to which it is fitted in its community; how an organism uses materials in its environment as well as how it interacts with other organisms; also called ecological niche. See fundamental niche and realized niche.

Resource Partitioning

The reduction of competition for environmental resources such as food that occurs among coexisting species as a result of each species’ niche differing from the others in one or more ways.

Intraspecific Competition

Competition among members of the same species for resources such as food, space, and mates.

Relocating Nesting

The process by which birds or other animals move their nesting site from one location to another, often for safety or environmental reasons.