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:

Myopia

A vision condition also known as nearsightedness, where distant objects appear blurry while close objects are seen clearly.

Presbyopia

A condition associated with aging, where the eye gradually loses the ability to focus on close objects.

Cataracts

A medical condition where the lens of the eye becomes progressively opaque, resulting in blurred vision.

Contrast Sensitivity

The ability of the visual system to distinguish between light and dark areas of a visual image.