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

question 175

Multiple Choice

An account was opened with $1,000 three years ago. Today, the account balance is $1,157.63. If the account earns simple interest, how long will it take until the account has earned a total of $225 in interest?

• A) Less than one more year.
• B) Between one and two more years.
• C) Between two and three more years.
• D) Between three and four more years.
• E) Between four and five more years.

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Definitions:

Posterior Hippocampus

A region located at the back part of the hippocampus, involved in memory formation and spatial navigation.

Frontal Lobes

The anterior section of the brain responsible for controlling decision-making processes, solving problems, regulating behaviors with intent, consciousness, and emotional responses.

Neuritic Plaques

Deposits found in the brain that are characteristic of Alzheimer's disease, made up of degenerating nerve ends and amyloid protein.

Neurofibrillary Tangles

Aggregates of hyperphosphorylated tau protein found in neurons, associated with Alzheimer's disease and other neurodegenerative disorders.