Christopher invests $400 today at a 4% rate of return which is compounded annually. What is the future value of this investment after four years?

$468

Explanation:

The computation of the future value of this investment after four years is shown below:

We know that

Future value = Present value × (1 + rate)^number of years      

                       = 400 × (1 + 0.04)^4

                       = 400 × 1.16985856

                       = $468

We simply applied the above formula so that future value could come.

the answer is     d. in our global economy, most job growth will be in services, but manufacturing jobs will exist, too.

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.