Find the Future Value of the Deposit If the Account

question 252

Multiple Choice

Find the future value of the deposit if the account pays simple interest.
-$760 at 4% for 9 months

• A)$782.99
• B)$780.27
• C)$785.33
• D)$782.80

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Definitions:

Individuation

The psychological process through which a person becomes an individual, distinguishing themselves from others and achieving their own identity.

Growth Motivation

Refers to the intrinsic drive to achieve self-improvement and personal development.

Personalities

The combination of characteristics or qualities that form an individual's distinctive character, including thought patterns, feelings, and behaviors.

Motive

An internal driving force that causes a person to take action or behave in a certain way.