Calculate the Balance Under the Given Assumptions

question 139

Multiple Choice

Calculate the balance under the given assumptions.
-Find the savings plan balance after 4 years with an APR of 2% and monthly payments of $593.

• A)$6217.74
• B)$25,166.69
• C)$7314.99
• D)$29,607.87

---

Definitions:

Masturbation

The sexual stimulation of one's own genitals for sexual pleasure, often to the point of orgasm.

Genital Response

Physical reactions of the genital organs in response to sexual stimulation.

Excitement Phase

The initial stage of the sexual response cycle, characterized by increased arousal and physiological preparation for sexual activity.