If You Deposit $100 into an Account That Pays $5 \%$

question 12

Short Answer

If you deposit $100 into an account that pays $5 \%$ APR compounded annually, what would be the value in the account after 30 years? $\$$$\underline{\quad\quad}$

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Definitions:

Tuberculosis

An infectious disease caused by the bacterium Mycobacterium tuberculosis, affecting primarily the lungs but can spread to other organs.

Paid Labor Force

Individuals who are employed in jobs where they receive monetary compensation for their work.

Bread Winners

Individuals who are the primary sources of financial support for their families.

True Womanhood

A 19th-century ideology in the United States emphasizing the virtues of domesticity, piety, purity, and submissiveness for women.