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What Is the Future Value After 14 Years If You $17,254.21\$ 17,254.21

Question 233

Multiple Choice

What is the future value after 14 years if you deposited $2,000 for your child's education and the interest was guaranteed at 16% compounded annually?


A) $17,254.21\$ 17,254.21
B) $2,300.45\$ 2,300.45
C) $2,017.57\$ 2,017.57
D) $4,017.57\$ 4,017.57
E) $15,975.04\$ 15,975.04

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