If a Married Couple Invests $\$ 2,000$ In a 1 -Year Certificate of Deposit At

question 151

Multiple Choice

If a married couple invests $\$ 2,000$ in a 1 -year certificate of deposit at $5 \%$ annual interest, compounded daily, how much interest will be earned during the year?

• A) \(\quad \$ 102.93\)
• B) \(\quad \$ 71.77\)
• C) \(\quad \$ 103.53\)
• D) \(\quad \$ 103.33\)
• E) \(\quad \$ 102.53\)

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Definitions:

Osmotic Pressure

Force required to prevent the movement of water across a selectively permeable membrane.

Na+

A symbol representing sodium ions, which are essential electrolytes in the body, playing key roles in nerve impulse conduction, muscle contraction, and fluid balance.

Plasma

The liquid component of blood in which blood cells are suspended, consisting largely of water, proteins, and dissolved substances.

Intracellular Cation

Positively charged ions found within the cells, playing critical roles in cell function, including in the generation of electrical impulses.