The correct answer is: "$17,631.937"
If a certain amount of money wants to be expressed in money units of five years from now,<u> 'the Future Value Formula' needs to be applied:</u>
Future value= PV * (1 + i) ⁿ , where
FV = $12,000 * (1 + 0.08)^5= $17,631.937
Answer:
c
Explanation:
The author supports his argument with a claim that a 16 year old's brain needs more time to develop. He also includes an opposing claim that a person's brain at 16 years old is mature enough to vote.
