An Initial Investment of $545

question 14

Multiple Choice

An initial investment of $545.45 declines at a rate of 5 percent per year.What is the value of the investment after 3 years? Round your answer to the nearest cent. ​
​

• A) $572.72
• B) $81.82
• C) $467.66
• D) None of the above

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Definitions:

Regular Assessments

Periodic evaluations or tests conducted to gauge the progress or performance of individuals or systems.

Twice-Exceptional

Both gifted and learning disabled.

Dyslexia

A specific learning disability characterized by difficulties with accurate and/or fluent word recognition and by poor spelling and decoding abilities.

French Horn

is a brass wind instrument with a long, coiled tube and a wide bell, known for its rich, full sound and use in both orchestral and solo settings.