Jose Now Has $500

question 39

Multiple Choice

Jose now has $500.How much would he have after 6 years if he leaves it invested at 5.5% with annual compounding?

• A)$591.09
• B)$622.20
• C)$654.95
• D)$689.42
• E)$723.89

---

Definitions:

Professional Activities

Activities or tasks performed in a professional context, often related to one's career or occupation.

Police Code

A numerical or alphanumerical code used by law enforcement to refer to particular laws, incidents, or instructions.

Ethics

The branch of philosophy that deals with questions about morality, including the nature of good and evil, right and wrong.

Formulated

Process of creating or developing a method, plan, or product through careful thought and detailed planning, often involving specified components or structures.