The Future Value Three Years from Today of a $100

question 62

Multiple Choice

The future value three years from today of a $100 three-year annuity due compounded at a rate of 10% is equal to ________.

• A)$300.00
• B)$331.00
• C)$364.10
• D)$133.10

---

Definitions:

Active Voice

A grammatical voice in which the subject performs the action stated by the verb.

Relationship Paragraphs

Sections of text that help to establish a connection between ideas or elements within a message, improving coherence and understanding.

Intimate

Closely acquainted; very familiar and personal, often describing relationships or knowledge.

Folksy

Characterized by a casual, relatable, and down-to-earth manner, often appealing through simplicity and warmth in communication.