If the Interest Rate Is 9 Percent, to Get Back

question 16

Multiple Choice

If the interest rate is 9 percent, to get back $800 in one year you would need to deposit ________ today.

• A) $720.72.
• B) $714.29.
• C) $733.95.
• D) $791.00.

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Definitions:

Genetic Risk Factors

Heritable traits that increase an individual's likelihood of developing a disease or condition.

Serum Cholesterol

A measure of the total amount of cholesterol in the blood, including low-density lipoprotein (LDL) and high-density lipoprotein (HDL), important for assessing cardiovascular health.

Cigarette Smoking

The act of inhaling and exhaling the smoke of burning tobacco contained in cigarettes, which is a known health hazard.

Ethnic Minorities

Groups of people who differ in race or ethnicity from the majority population of a country or region.