What Principal Will Have a Future Value of $640, at 12.1

question 47

Multiple Choice

What principal will have a future value of $640, at 12.1% in 6 months?

• A) $600
• B) $603.50
• C) $678.72
• D) $370.80
• E) $800

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Definitions:

Thermoreceptor

Sensory receptor that detects heat.

Mechanoreceptor

Sensory receptor that responds to mechanical stimuli, such as pressure, sound waves, or gravity.

Photoreceptor

Sensory receptor that responds to light stimuli.

Proprioceptor

Class of mechanoreceptor responsible for maintaining the body’s equilibrium and posture; involved in reflex actions.