Which of the Following Amounts Is Closest to the End

question 69

Multiple Choice

Which of the following amounts is closest to the end value of investing $5,000 for 14 months at a stated annual interest rate of 6 percent compounded monthly?

• A) $5,352
• B) $5,362
• C) $5,350
• D) $5,293
• E) $6,183

---

Definitions:

Intelligence

The ability to acquire and apply knowledge and skills, often assessed through various psychological tests and measures.

Patriotism

Love for or devotion to one's country and its values.

Inter-Item Reliability

A measure of consistency among multiple items on a test or survey that assesses the same construct.

Nominal

A level of measurement where numbers serve as labels or categories with no inherent numerical order or value.