You Have Money in an Account at 5% Interest, Compounded

question 30

Multiple Choice

You have money in an account at 5% interest, compounded weekly. To the nearest year, how long will it take for your money to triple?

• A) 31 years
• B) 18 years
• C) 22 years
• D) 13 years

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Definitions:

Interpersonal Relationships

The connections and interactions between two or more people, which can vary in depth and nature.

Anhedonia

The inability to feel pleasure in normally pleasurable activities, often a symptom of depression or other psychiatric conditions.

Dysmorphia

A condition where a person has a distorted perception of their body image, often leading to significant distress.

Euphoria

A state of intense happiness and self-confidence.