In Five Years Your Oldest Child Will Be in 8th

question 95

Multiple Choice

In five years your oldest child will be in 8th grade,at which point you and your family plan to vacation in Europe.You estimate that you will need $20,000 for the trip.How much do you need to set aside today if you can place your money in an investment vehicle earning an average of 4.50% per year?

• A)$14,961
• B)$15,073
• C)$16,049
• D)$16,058

---

Definitions:

Adverse Conditions

Unfavorable or harmful environments or situations that can negatively impact health, well-being, or performance.

Risk Factors

Elements or circumstances that increase the likelihood of developing a disease or injury.

Culture

The shared beliefs, customs, arts, institutions, and all other products of human work and thought created by a group of people.

Same-Sex Couples

Same-sex couples are romantic partnerships between two individuals of the same sex, recognized in various legal, social, and cultural contexts.