Calculate the Amount of Interest You'll Have at the End

question 124

Multiple Choice

Calculate the amount of interest you'll have at the end of the indicated period.
-You invest $10,000 in an account that pays simple interest of 2% for 14 years.

• A)$200.00
• B)$1905.46
• C)$2800.00
• D)$1003.29

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Definitions:

Retardation

A term formerly used to describe a significant delay in cognitive development, now more sensitively referred to as intellectual disability.

Intellectual "Giftedness"

The possession of significantly higher than average cognitive abilities or intelligence, often identified in education settings.

IQ Test Performance

The outcome or score derived from standardized assessments designed to measure human intelligence and cognitive abilities.

School Districts

Geographical units within a state, designated for the administration and organization of public schools.