Lisa Deposited $500 in a Savings Account This Morning

question 152

Multiple Choice

Lisa deposited $500 in a savings account this morning. The account pays 2.5% simple interest. If Lisa leaves this money in the account for five years, how much total interest will she earn?

• A) $10.75
• B) $12.50
• C) $53.75
• D) $62.50
• E) $67.25

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Definitions:

Absolute Threshold

The minimum stimulation needed to detect a particular stimulus 50 percent of the time.

Partially Deaf

A condition where there is significant, but not total, loss of hearing capability.

Hearing Ability

The capability to perceive sound by detecting vibrations through an organ such as the ear.

Improves

Enhances or increases in quality, value, or condition, often used in the context of health, skills, or performance.