Solve the Problem. -An Initial Investment of $480 Is Appreciated for 3 Years

question 1

Multiple Choice

Solve the problem.
-An initial investment of $480 is appreciated for 3 years in an account that earns 13% interest, compounded quarterly. Find the amount of money in the account at the end of the period.

• A)$704.57
• B)$682.39
• C)$224.57
• D)$692.59

---

Definitions:

Rose Bushes

Shrub plants belonging to the genus Rosa, known for their beautiful and fragrant flowers of various colors and sizes.

Polygenic Inheritance

Pattern of inheritance in which a trait is controlled by several allelic pairs.

Alleles

Variants of a gene that occur on the same gene locus but express different phenotypic traits.

Affect

In psychology, a term referring to the experience of feeling or emotion.