The James Co

question 206

Multiple Choice

The James Co. plans on saving money to buy some new equipment. The company is opening an account today with a deposit of $15,000 and expects to earn 4% interest. After 3 years, the firm
Wants to add an additional $50,000 to the account. If the account continues to earn 4%, how much
Money will the James Co. have in their account five years from now?

• A) $66,872.96
• B) $68,249.79
• C) $70,952.96
• D) $72,329.79
• E) $81,361.18

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Definitions:

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to Acquired Immunodeficiency Syndrome (AIDS) if not treated.

Infected

The state of having been invaded by pathogenic organisms such as bacteria, viruses, or fungi, leading to disease.

Male

A biological sex that is typically characterized by the production of small mobile gametes, specifically sperm in many species.

Sexually Transmitted Diseases

Infections that are primarily passed through person-to-person sexual contact.