If $10,000 Is Put in a Savings Account Paying Interest

question 127

Multiple Choice

If $10,000 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) $8,220
• B) $12,000
• C) $12,155
• D) $12,167

Comprehend the purpose and function of various defensive strategies against hostile takeovers.

Understand the basic concepts and significance of developmental theories in young adulthood, including Perry's theory of intellectual and ethical development.

Recognize the characteristics of advanced cognitive processing in adulthood, such as reflective judgment and relativistic thinking.

Identify the sociocultural factors influencing identity formation and the experience of emerging adulthood among different racial groups.

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Definitions:

Circular Smooth Muscle

Smooth muscle fibers arranged in circular bands in various organs, such as the intestines, aiding in the constriction and movement of content.

Longitudinal Smooth Muscle

Muscle fibers arranged parallel to the long axis of an organ, contributing to its contraction and relaxation, found in the walls of internal organs.

Muscularis

Muscular coat of a hollow organ or tubular structure.

Peristalsis

The rhythmic contractions of smooth muscles in the gastrointestinal tract that facilitate the movement of food and waste.