Amy Contributed $170 Per Month for 10 Years to an Account

question 61

Multiple Choice

Amy contributed $170 per month for 10 years to an account that paid 5% for the first 5 years, but 6.7% for the last 5 years.How much has she saved?

• A)$28,233.35
• B)$26,988.78
• C)$28,223.34
• D)$28,235.34

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Definitions:

Symbolic Language

Symbolic language is a system of communication using symbols or a series of symbols to represent ideas, concepts, or objects.

Output Field Devices

Devices that receive electrical signals from a control system and perform actions, such as valves, lights, or motors.

Output Module

A component of a PLC or other control system that provides the interface for output signals to external devices or equipments.