Future Value: Ning Gao Is Planning to Buy a House

question 23

Multiple Choice

Future value: Ning Gao is planning to buy a house in five years. She is looking to invest $25,000 today in an index mutual fund that will provide her a return of 12 percent annually. How much will she have at the end of five years? (Round to the nearest dollar.)

• A) $45,000
• B) $28,000
• C) $44,059
• D) None of the above

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Definitions:

Circulatory Shock

A condition where the circulatory system fails to supply enough blood to the organs, leading to organ failure.

Renin-Angiotensin

The renin-angiotensin system is a hormone system that regulates blood pressure and fluid balance in the body.

ADH Secretion

ADH secretion involves the release of antidiuretic hormone, also known as vasopressin, from the pituitary gland which helps regulate water balance in the body.

Carotid Sinuses

Dilated areas at the base of the internal carotid artery and the bifurcation of the common carotid artery which contain baroreceptors that help regulate blood pressure.