Solve the Problem. -How Long Will It Take for $2100 to Grow to to Grow

question 44

Multiple Choice

Solve the problem.
-How long will it take for $2100 to grow to $45,800 at an interest rate of 3.3% if the interest is compounded quarterly? Round the number of years to the nearest hundredth.

• A) 94.94 yr
• B) 663.62 yr
• C) 93.79 yr
• D) 375.16 yr

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Definitions:

Airway Obstruction

A blockage in the air passages that can impede normal breathing.

Fluid Intake

The total volume of fluids consumed by an individual from food, drink, and metabolic processes.

Humidity

The concentration of water vapor present in the air, important in various healthcare settings to maintain patient comfort and device functionality.

Gastrostomy Feeding Tube

A tube inserted through the abdomen into the stomach to deliver nutrition directly to someone who cannot eat by mouth.