How Long Will It Take $4,000 to Grow to $7,500

question 187

Multiple Choice

How long will it take $4,000 to grow to $7,500 if the investment earns interest at the rate of 14% / year compounded monthly? Round your answer to one decimal place. ​

• A) 4.5 year(s)
• B) 4.6 year(s)
• C) 4.8 year(s)
• D) 3.6 year(s)

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Definitions:

Reverberating Circuits

A neural circuit in which signals travel in a loop, often used to control rhythmic activities such as breathing.

Action Potentials

Action Potentials are rapid, temporary changes in the electrical membrane potential of cells, crucial for nerve signal transmission and muscle contraction.

Collateral Axons

Branches of an axon that diverge from the main axon to communicate with neighboring neurons, facilitating complex neural networks.

Cholinergic Synaptic Transmission

The process of nerve signal transmission through the release of the neurotransmitter acetylcholine at a synapse.