How Much Would $100, Growing at 5% Per Year, Be

question 88

Multiple Choice

How much would $100, growing at 5% per year, be worth after 75 years?

• A) $3,689.11
• B) $3,883.27
• C) $4,077.43
• D) $4,281.30
• E) $4,495.37

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Definitions:

Social Phobia

Severe worry or dread about being negatively assessed, criticized, or spurned in a social setting or when performing.

Obsessions

Persistent, unwanted thoughts, images, or impulses that cause distress or anxiety.

Compulsive Behaviors

Repetitive actions performed persistently and often against the individual's will, usually as a response to obsessive thoughts, leading to significant distress or impairment.

Phobias

Persistent, excessive, irrational fears of specific objects, activities, or situations that lead to a compelling desire to avoid them.