If $30,000 Is Put in a Savings Account Paying Interest

question 281

Multiple Choice

If $30,000 is put in a savings account paying interest of 4% compounded annually, what amount will be in the account at the end of 5 years?

• A) $25,644
• B) $36,000
• C) $35,096
• D) $36,500

Recognize the importance of environmental factors and community infrastructure in disease prevention.

Understand the historical development of public health initiatives and their impact on community health.

Analyze the role of government and non-governmental organizations in the advancement of public health.

Identify key figures and their contributions to public health and nursing.

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Definitions:

Sales Price

Sales Price is the amount of money charged for a product or service in the market.

Net Operating Income

A financial metric that calculates a company's profit after subtracting operating expenses but before interest and taxes.

Line Chart

A type of chart which displays information as a series of data points called 'markers' connected by straight line segments.

Pie Chart

A circular statistical graphic divided into slices to illustrate numerical proportion.