Assume That $200 Is Deposited at the End of Each

question 24

Multiple Choice

Assume that $200 is deposited at the end of each year into an account in which interest is compounded annually at a rate of 4.5%.Find the accumulated amount after 14 years.Round to the nearest cent.

• A)$3,814.02
• B)$3,786.42
• C)$3,750.12
• D)$3,800.22
• E)$3,819.92

Correctly use punctuation in business writing.

Apply basic principles of capitalization in sentences.

Distinguish between correct and incorrect capitalization in specific contexts.

Enhance writing clarity and professionalism through accurate spelling, grammar, punctuation, and capitalization.

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Definitions:

Propanoic Acid

A colorless, oily liquid with a pungent odor, used in the manufacture of various chemicals, including as a preservative.

Osmosis

The movement of water molecules through a semi-permeable membrane from a region of low solute concentration to a region of high solute concentration to equalize the concentrations on both sides of the membrane.

Semipermeable Membrane

A type of membrane that allows certain molecules or ions to pass through it by diffusion and occasionally specialized "facilitated diffusion," while blocking others.

Diffusion

The process by which molecules move from an area of higher concentration to an area of lower concentration, driven by thermal energy.