Multiple Choice Question If the following was entered into a financial calculator app, what would be the result?Present Value $$ =-3,000 $$ Payment = OFuture Value = \|leave blankiAnnual Rate (3)) 4 Periods = 3 Compounding = Annually O The future value a $$ \$ 3,000 $$ annuity compounded annually for 3 years at $$ 4 \% $$ O The present value of $$ \$ 3,000 $$ compounded annually for 3 years at $$ 4 \% $$ O The future value of $$ \$ 3,000 $$ compounded annually for 3 years at $$ 4 \% $$ O The present value a $$ \$ 3,000 $$ annity compounded annually for 3 years at $$ 4 \% $$

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To determine the correct answer, let's analyze the information provided in the question step by step.

1. **Understanding the Inputs:**
   - Present Value (PV) = -3,000
   - Payment = 0 (leave blank)
   - Future Value (FV) = ?
   - Annual Rate = 4%
   - Periods = 3
   - Compounding = Annually

2. **Identifying the Financial Concept:**
   - The present value of -3,000 indicates that this is an investment or cash outflow of $3,000 today.
   - Since the payment is left blank, it suggests that we are not considering any additional payments (like an annuity).
   - We are looking for the future value after 3 years at an annual interest rate of 4%.

3. **Calculating Future Value:**
   The future value can be calculated using the formula:
   $$
   FV = PV \times (1 + r)^n
   $$
   where:
   - $$ PV = -3000 $$
   - $$ r = 0.04 $$ (4% annual interest)
   - $$ n = 3 $$ (3 years)

4. **Substituting the Values:**
   $$
   FV = -3000 \times (1 + 0.04)^3
   $$

5. **Calculating Step by Step:**
   - First, calculate $$ (1 + 0.04)^3 $$:
   $$
   (1.04)^3 = 1.124864
   $$
   - Now, calculate the future value:
   $$
   FV = -3000 \times 1.124864
   $$

6. **Final Calculation:**
   $$
   FV = -3374.592
   $$

Since the future value is negative, it indicates a cash outflow. However, in the context of the multiple-choice question, we need to identify the correct interpretation of the inputs.

### Conclusion:
The correct interpretation of the inputs is that we are calculating the future value of a present value of $3,000 compounded annually for 3 years at 4%.

Thus, the correct answer is:
- **The future value of $$ \$ 3,000 $$ compounded annually for 3 years at $$ 4 \% $$**.
The future value of \$3,000 compounded annually for 3 years at 4%.

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