You are interested in accumulating $10,000 so that you can take a cruise in 3 years. If you trying to solve for the amount that you need to invest each year, earning 6% interest compounded annually, the $10,000 represents:
a. The amount to invest.
b. An annuity.
c. A present value.
d. A future value.
d
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A sentence reads "He did not return that day." In this sentence, the pronoun being used is "day."
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