Tom Vu Deposited $5,000 in a Savings Account That Paid

question 139

Multiple Choice

Tom Vu deposited $5,000 in a savings account that paid 8% interest compounded quarterly. What is the effective rate of interest?

• A) 8.00%
• B) 8.24%
• C) 8.33%
• D) 8.46%

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Definitions:

Fractures

A break or crack in a bone typically resulting from trauma, overuse, or disease processes.

Side-lying Position

A way of positioning a person on their side, which can be important for comfort, relief of pressure points, or medical needs.

Adduction

The movement of a limb or other body part toward the midline of the body or towards another part.

Pressure Points

Specific areas of the body where minor pressure can be applied to reduce pain, control bleeding, or influence the flow of body energies in various therapeutic modalities.