How Much Money Would You Have at the End of 10

question 97

Multiple Choice

How much money would you have at the end of 10 years if you made deposits of $4,000 at the end of every three months into an investment that accumulated at 9% compounded quarterly?

• A) $60,772
• B) $168,781
• C) $255,145
• D) $1,351,530
• E) $667,273

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Definitions:

Leading Theorists

Individuals who have made significant contributions to theoretical frameworks in various fields of study, such as psychology, sociology, or physics.

Instructor

A person who teaches something, especially in an educational institution, through lessons, lectures, or demonstrations.

Lev Vygotsky

Lev Vygotsky was a Soviet psychologist known for his work on cognitive development, particularly the sociocultural theory that emphasizes the role of social interaction in the development of cognition.