{"id":398,"date":"2017-11-07T19:56:34","date_gmt":"2017-11-07T13:56:34","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/this-afternoon-you-deposited-1000-into-a-retirement-savings-is-correct\/"},"modified":"2017-11-07T19:56:34","modified_gmt":"2017-11-07T13:56:34","slug":"this-afternoon-you-deposited-1000-into-a-retirement-savings-is-correct","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/this-afternoon-you-deposited-1000-into-a-retirement-savings-is-correct\/","title":{"rendered":"This afternoon, you deposited $1,000 into a retirement savings &#8230;&#8230; is correct?"},"content":{"rendered":"<p>This afternoon, you deposited $1,000 into a retirement savings account. The account will compound interest at 6 percent annually. You will not withdraw any principal or interest until you retire in forty years. Which one of the following statements is correct?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[70],"subject":[7],"class_list":["post-398","mcq","type-mcq","status-publish","hentry","topic-the-time-value-of-money","subject-corporate-finance"],"mcq_note":"This afternoon, you deposited $1,000 into a retirement savings account. The account will compound interest at 6 percent annually. You will not withdraw any principal or interest until you retire in forty years. Which one of the following statements is correct?Answer:The present value of this investment is equal to $1,000.","mcq_options":[{"right":"no","answer":"The interest you earn six years from now will equal the interest you earn ten years from now."},{"right":"no","answer":"The interest amount you earn will double in value every year. "},{"right":"yes","answer":"The present value of this investment is equal to $1,000. "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":70,"title":"The Time Value of Money","slug":"the-time-value-of-money"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/398","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=398"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=398"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=398"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=398"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}