Find the Amount That Results from the Investment

question 72

Multiple Choice

Find the amount that results from the investment.
-$1,000 invested at 6% compounded annually after a period of 8 years

• A) $1,503.63
• B) $593.85
• C) $1,689.48
• D) $1,593.85

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Definitions:

Operating System

The fundamental software that manages computer hardware and software resources, providing common services for computer programs.

Agile Development

A methodology in software development that emphasizes flexibility, the involvement of the user, and the frequent delivery of working software.

Sprints

Short, time-boxed periods used in Agile methodologies during which a specific amount of work has to be completed and made ready for review.

DevOps

A set of practices and cultural philosophies that aims to shorten the software development lifecycle and provide continuous delivery with high software quality by fostering collaboration between development and operations teams.