An Account Was Opened with $1,000 Ten Years Ago

question 66

Multiple Choice

An account was opened with $1,000 ten years ago. Today, the account balance is $1,500. If the account paid interest compounded annually, how much interest on interest was earned?

• A) $86.20
• B) $93.10
• C) $102.39
• D) $130.28
• E) $500.00

---

Definitions:

Teratogens

Any agent that can cause developmental malformations (birth defects) in an embryo or fetus.

Prenatal

Pertaining to the period before birth, from conception to the onset of labor.

Newborns

Infants in their first few hours to weeks of life, particularly before they are one month old, encompassing the very early stages of development.

Startle Reflex

A quick, involuntary response or jump that humans and animals make in response to a sudden, unexpected stimulus.