Find the Amount That Results from the Investment $\$ 1,000$ Invested At

question 366

Multiple Choice

Find the amount that results from the investment.
- $\$ 1,000$ invested at $4 \%$ compounded semiannually after a period of 6 years

• A) \(\$ 268.24\)
• B) \(\$ 1,243.37\)
• C) \(\$ 1,268.24\)
• D) \(\$ 1,265.32\)

---

Definitions:

Accommodation

The process by which the eye changes optical power to maintain a clear image or focus on an object as its distance varies.

Conceptualization

The process of developing clear ideas or concepts about something, often involving abstract or complex thinking.

Sensorimotor Period

The stage in early childhood development, according to Piaget, from birth to about 2 years, where infants learn through interacting with their environment using their senses and motor activity.

Mental Exploration

The process of thinking, analyzing, questioning, and reflecting internally, often leading to new ideas or understanding.