Use the Data in Table 3

question 85

Multiple Choice

Use the data in table 3.1 to answer the following question(s) :
Table 3.1
-Refer to Table 3.1 above. How much will you have if you deposit $1,000 today in an account paying 7% and you leave it on deposit for 5 years?

• A) $1,403
• B) $713
• C) $5,751
• D) $4,100

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Definitions:

Visuospatial Thinking

The cognitive process involved in solving problems using visual and spatial reasoning, like reading maps or creating images in one's mind.

Gender Gap

A term referring to the disparities in status, achievements, or conditions between men and women.

Cultural Explanations

Interpretations or understandings of phenomena based on the customs, beliefs, and practices of particular societies or communities.

Biological Account

A perspective emphasizing the influence of genetics, physical health, and biology on behaviors and psychological disorders.