You Want to Go to Europe 5 Years from Now,and

question 81

Multiple Choice

You want to go to Europe 5 years from now,and you can save $3,600 per year,beginning one year from today.You plan to deposit the funds in a mutual fund that you think will return 8.5% per year.Under these conditions,how much would you have just after you make the 5th deposit,5 years from now?

• A) $26,450.86
• B) $17,278.39
• C) $25,810.92
• D) $20,904.72
• E) $21,331.34

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Definitions:

Extraversion

is a personality trait characterized by outgoingness, high energy, and positive emotions, preferring social gatherings and being energized by external stimuli.

Neuroticism

A personality trait characterized by long-term tendencies to experience negative emotional states such as anxiety, anger, or depression.

Metaconscious

An awareness of one's own consciousness, or the ability to think about one’s own thought processes.

Semiconscious

A state in which a person is only partly aware of themselves and their environment, often found in conditions of drowsiness or faintness.