You Know That Regular Tax-Deferred Investments Are a Popular Investment

question 67

Multiple Choice

You know that regular tax-deferred investments are a popular investment choice for many people preparing for retirement.Did you know that if you invest $2,000 today and at the end of every year for 40 years at an annual rate of 10% that you will have grown your portfolio to a value of $975,704 at the end of that time? How much of that future value dollar amount comes from the $2,000 investment you made today?

• A)$975,704
• B)$885,185
• C)$23,798
• D)$90,519

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Definitions:

Biopsychosocial Approach

A method that examines psychological, biological, and social factors and their complex interactions in understanding health, illness, and health care delivery.

Biological Factors

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Describes a person's enduring pattern of emotional, romantic, or sexual attraction to others.

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