Which of the Following Is the Correct Way to Compute

question 381

Multiple Choice

Which of the following is the correct way to compute the future value of $100 put into an account that earns 4 percent interest for 10 years?

• A)$100(1 + .04¹⁰)
• B)$100(1 + .04 10)
• C)$100 × 10 (1 + .04)
• D)$100(1 + .04)¹⁰

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Definitions:

Grassland Soil

Soil found in ecosystems characterized by dominant grasses, often rich in nutrients and organic matter due to the dense root systems of grassy vegetation.

Dark Brown

A color, often associated with earth or wood, that signifies a deep, rich brown shade.