If You Put $500 in a Savings Account and Make

question 61

Multiple Choice

If you put $500 in a savings account and make no further deposits,what type of calculation would provide you with the value of the account in 10 years?

• A)Future value of a single amount
• B)Simple interest
• C)Present value of a single amount
• D)Present value of a series of deposits
• E)Future value of a series of deposits

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Definitions:

Phenylalanine

An essential amino acid important in the biosynthesis of proteins.

Recessive Gene

A type of gene that expresses its traits only when paired with an identical or similar gene, as opposed to a dominant gene that can express its traits when paired with a different gene.

21st Chromosome

A chromosome in humans that, when an individual has three copies (trisomy 21) rather than the usual two, causes Down syndrome.

Down Syndrome

A genetic disorder caused by the presence of all or part of a third copy of chromosome 21, characterized by developmental delays, physical growth limitations, and distinctive facial features.