If I Invest $100 Per Month for Two Years at 6

question 13

Multiple Choice

If I invest $100 per month for two years at 6% per annum compounded monthly,how much will I have after four years?

• A)$2543.20
• B)$5409.78
• C)$2777.54
• D)$2866.59

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Definitions:

Spinal Cord

A long, thin, tubular structure made up of nervous tissue, which extends from the brain down through the spinal column, playing a critical role in transmitting nerve signals between the brain and the rest of the body.

Stomach Muscles

The muscles associated with the stomach, primarily responsible for the mechanical digestion of food through churning movements, and part of the broader group of muscles in the abdominal region.

Parasympathetic Nervous System

The part of the autonomic nervous system responsible for rest and digestion, reducing the body's fight or flight response.

Pupil Dilation

The expansion of the pupil of the eye, often in response to low light conditions or as an expression of emotion.