2) Mary invested $17,000 today for 5 years to earn interest at 8% compounded quarterly. Future value factor of a lump sum 20
periods and 2% interest in 1.4859, for 5 periods and 8% interest in
1.4693, whereas the future value annuity factor for 5 periods and
8% is 5.8666. What is the future value of $17,000?
A) $25,260.3
B) $24,978.1
C) $99,732.2
D) None

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!

answer; closing the loop;

answer(d) the growth of consumption is likely to remain sluggish even as the economy begins to recover.;