Use the Formula A $$A = P \left( 1 + \frac { r } { n } \right) ^ { n }$$

question 98

Multiple Choice

Use the formula A $$A = P \left( 1 + \frac { r } { n } \right) ^ { n }$$ to find the amount requested.
-A principal of $480 is invisted in an account paying on annual interest rate of 8%. Find the amount in the account after 7 years if hte account is compounded quarterly.

• A) $835.69
• B) $355.69
• C) $819.31
• D) $822.6400

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Definitions:

Clinical Research

The study of health and illness in people which aims to discover or verify the effects of and potential uses for investigational treatments.

Documentation

The act of recording and maintaining detailed records of events, processes, or procedures.

Quality Process

The systematic activities and mechanisms implemented by an organization to ensure that its products or services meet certain quality standards.

Change-Of-Shift Report

A communication process between healthcare professionals to transfer patient care information at the end of one shift and the beginning of the next.