Which of the Following Is Closest to the Future Value

question 8

Multiple Choice

Which of the following is closest to the future value of a $4,000 deposit earning 2 percent interest annually after 10 years?

• A)$4,122
• B)$4,876
• C)$5,025
• D)$4,805

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Definitions:

Nerve Cell

Also known as a neuron, it is the basic building block of the nervous system, responsible for transmitting information throughout the body.

Information Processing

A cognitive approach that likens the mind to a computer, emphasizing how information is taken in, used, stored, and retrieved.

Deprived Environment

A living situation in which an individual lacks essential resources, stimulation, and conditions considered necessary for healthy physical and psychological development.

Brain Activity

The electrical and chemical processes occurring within the brain that facilitate cognition, perception, and bodily functions.