Scott Deposits $5,000 at the End of Each Year into an Account

question 69

Multiple Choice

Scott deposits $5,000 at the end of each year into an account for five years. Assuming 6% interest annually, what is the value of his account in five years?

• A)$67,060
• B)$21,873
• C)$30,100
• D)$28,185.50
• E)None of these

---

Definitions:

Prefrontal Cortex

The part of the frontal lobes of the brain lying just behind the forehead, involved in complex cognitive behavior, personality expression, decision making, and moderating social behavior.

Predatory Murderers

Individuals who plan and execute murders in a premeditated and unemotional manner, often for personal gain.

Violence

The use of physical force with the intention of causing harm, damage, or death, often associated with aggression and conflict.

Depression

A common and serious medical illness that negatively affects how you feel, the way you think, and how you act, characterized by persistent feelings of sadness and loss of interest.