Christopher Invests $400 Today at a 4% Rate of Return

question 2

Multiple Choice

Christopher invests $400 today at a 4% rate of return which is compounded annually. What is the future value of this investment after four years?

• A) $342
• B) $416
• C) $464
• D) $468

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Definitions:

DNA

DNA, short for deoxyribonucleic acid, transports the genetic codes necessary for the growth, evolution, functioning, and reproduction of all known organisms and a variety of viruses.

Human Diseases

Health conditions that affect humans, ranging from infections to genetic disorders, impacting well-being and functioning.

Eukaryotic Cells

Cells with a nucleus and other membrane-bound organelles, found in organisms of the domain Eukarya.

Bacteriophages

Viruses that infect and replicate within bacteria, often used as therapeutic agents in phage therapy.