What Is the Future Value (FV) of $50,000 in Thirty

question 27

Multiple Choice

What is the future value (FV) of $50,000 in thirty years, assuming the interest rate is 12% per year?

• A) $32,500.00
• B) $1,273,296.69
• C) $1,348,196.50
• D) $1,497,996.11

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Definitions:

Ocean Fisheries

The harvesting sector of the ocean's natural aquatic life for human consumption and industrial use.

Over-exploited

Refers to the excessive use or extraction of a resource to the point where it is depleted or seriously degraded.

Federal Government

The national government of a federated state, which holds authority over matters that affect the country as a whole.

Park Managers

Professionals responsible for the oversight, maintenance, and operational aspects of parks to ensure their preservation and accessibility for public enjoyment.