If $8,000 Is Invested at an Annual Rate of 7

question 54

Multiple Choice

If $8,000 is invested at an annual rate of 7.5% compounded continuously, find the future value after 7.5 years. Round your answer to the nearest cent. ​

• A)$17,868.03
• B)$16,160.44
• C)$24,641.73
• D)$14,040.44
• E)$2,218,178.28

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Definitions:

Calcium Ion Influx

A cellular process involving the movement of calcium ions (Ca2+) into a cell, leading to various physiological responses.

Dopamine

A chemical messenger that plays a key role in regulating motivation, reward, and the control of movement.

Metabotropic Receptors

A type of receptor that, when activated, initiates a cascade of metabolic reactions within the cell to indirectly alter its electrical state, often involving G-proteins and second messengers.

Mesolimbic Dopaminergic

Referring to the dopamine pathway in the brain associated with reward, pleasure, and addiction mechanisms.