Assume That $800 Is Deposited in an Account in Which

question 264

Multiple Choice

Assume that $800 is deposited in an account in which interest is compounded annually at a rate of 5%. Find the accumulated amount after 11 years rounded to the nearest cent.

• A)$1,768.27
• B)$1,368.27
• C)$1,268.27
• D)$1,468.27
• E)$1,318.27

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Definitions:

Form Layout View

A design surface in database applications that allows for the arrangement and customization of forms for data entry and display.

Outline Color

A property that specifies the color of the border or outline of a graphical element on a user interface.

Form Design View

A visual interface in database software that allows for the creation and customization of forms for data entry and display.

Align Controls

A feature in graphical or user interface design tools that allows for the alignment of elements or controls on a page or screen.