If $40,000 Is Deposited in a Savings Account Paying Interest

question 33

Multiple Choice

If $40,000 is deposited in a savings account paying interest of 4% compounded annually, what amount will be in the account at the end of 5 years?

• A) $32,878
• B) $48,000
• C) $48,620
• D) $48,666

Recognize environmental influences and their variability within family contexts.

Describe prenatal development stages and their significance in human development.

Understand the impact of environmental and prenatal factors on birth defects and development risks.

Understand the concept of consistency and inconsistency between statements.

---

Definitions:

P/E Ratio

The price-to-earnings ratio is a valuation metric for a stock, calculated by dividing the market price of a share by the earnings per share, indicating how much investors are willing to pay per dollar of earnings.

Price-to-Sales Ratio

A valuation ratio that compares a company's stock price to its revenues, an indicator of the value placed on each dollar of a company's sales or revenues.

Dividend Discount Model

A method of valuing a company's stock price based on the theory that its stock is worth the sum of all its future dividend payments, discounted back to their present value.

Telecommunications

The transmission of signals, messages, words, writings, images, and sounds or information of any nature by wire, radio, optical, or other electromagnetic systems.