Faith Invests $4,500 in an Account That Pays 4% Simple

question 197

Multiple Choice

Faith invests $4,500 in an account that pays 4% simple interest. How much money will she have at the end of eight years?

• A) $4,680
• B) $5,367
• C) $5,940
• D) $6,122
• E) $6,159

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Definitions:

Substance Use Disorder

A condition in which the use of one or more substances leads to a clinically significant impairment or distress.

Tobacco Use

The act of consuming tobacco products, such as cigarettes, cigars, or chewing tobacco, often associated with numerous health risks, including cancer and cardiovascular diseases.

Short-term Consequences

Immediate, often temporary effects that follow an action or decision.

Long-term Consequences

The far-reaching effects or outcomes of an action, condition, or disorder that manifest over an extended period.