If $30000 Is Deposited in a Savings Account at the End

question 68

Multiple Choice

If $30000 is deposited in a savings account at the end of each year and the account pays interest of 5% compounded annually what will be the balance of the account at the end of 10 years?

• A) $48867
• B) $315000
• C) $377337
• D) $450000

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Definitions:

Deep Vein Thrombosis

A medical condition characterized by the formation of a blood clot in a deep vein, typically in the legs.

Primary Intention

A healing process where a wound is closed directly, typically through suturing, leading to minimal scarring and faster recovery.

Abdominal Surgery

Surgical operations performed on organs located within the abdomen.

Dehiscence

The splitting or bursting open of a surgical wound, often leading to complications in the healing process.