If You Invested $10,000 at 6% on Your 20th Birthday

question 12

Multiple Choice

If you invested $10,000 at 6% on your 20th birthday how much would you have on your 40th birthday? Use Table FA-1.

• A)$32,070.00
• B)$31,180.00
• C)$36,785.59
• D)$12,158.12

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Definitions:

Disbarred

The action of revoking a lawyer's license to practice law due to misconduct or unethical behavior, preventing them from practicing in a professional capacity.

Plea Bargaining

A legal process in which a defendant agrees to plead guilty to a lesser charge in exchange for a more lenient sentence or the dropping of other charges.

System of Law

An organized set of legal principles, regulations, and procedures that govern the conduct of a community, region, or nation.

Gathering Evidence

The process of collecting information, data, or facts to support a hypothesis, theory, or legal case.