Use the Compound Interest Formula to Compute the Total Amount

question 182

Multiple Choice

Use the compound interest formula to compute the total amount accumulated.
-$100 for 3 years at 3% compounded quarterly

• A) $109.00
• B) $102.27
• C) $109.38
• D) $109.27

---

Definitions:

Dimensions

Aspects or features that can be used to differentiate or categorize items, concepts, or phenomena along a spectrum.

Big Five Traits

The Big Five traits refer to five broad dimensions of personality that include openness, conscientiousness, extraversion, agreeableness, and neuroticism, widely used in psychology to describe human personality.

Agreeableness

This refers to a personality trait that encompasses qualities like kindness, affection, cooperation, and a willingness to help others.

Personality Factors

The fundamental traits and characteristics that consistently determine individuals' thoughts, feelings, and behaviors, making up their personality.