I Can Invest for a Pension in Either the Senex

question 24

Multiple Choice

I can invest for a pension in either the Senex or the Geriatrix pension plan. Senex requires me to invest $1500 a year for the next 15 years (beginning one year from now) , whereas Geriatrix requires an immediate deposit of $5 000 and 15 subsequent annual investment of $1 200 a year (also starting one year from now ) . Senex pays 10% on my investments, whereas Geriatrix pays 9%. How much more money will I have in my pension plan in 15 years time if I invest in Geriatrix?

• A)$1 500
• B)$3 380
• C)$10 610
• D)$5 790
• E)I will have less money than if I had invested in Senex.

Describe the structure and function of the Central Processing Unit (CPU).

Identify the components of a computer and their roles.

Differentiate between volatile and nonvolatile storage.

Explain the concept of machine cycle and its significance in computer operations.

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