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:

DA Equation

This term is not widely recognized as a standard key term in a specific field; thus, clarification is needed. NO.

IV Flow Rate

The speed at which fluids or medications are administered intravenously, measured in mL per hour or drops per minute.

Ringer's Solution

An isotonic solution containing sodium, potassium, calcium, and chloride ions, used for fluid replacement and to maintain electrolyte balance.

Estimated Dose

An approximation of the amount of a drug or substance required to achieve a desired therapeutic effect in a patient, often based on weight or body surface area.