Find the Cost of a CD in 7 Years, Assuming

question 106

Multiple Choice

Find the cost of a CD in 7 years, assuming an inflation rate of 6%, if its present cost is $16.95. ​

• A) $25.80
• B) $42.75
• C) $26.48
• D) $24.07
• E) $28.38

---

Definitions:

Thumb

The first digit located on the lateral side of the hand, important for gripping and manipulating objects.

Olecranon Process

The pointed bone at the upper end of the ulna, around which the elbow joint forms and functions.

Musculocutaneous Nerve

A nerve in the arm that innervates the muscles of the anterior compartment of the forearm and provides sensation to the skin over the lateral aspect of the forearm.

Forced Expiration

The act of expelling air from the lungs with effort beyond normal exhalation.