Assume That You Invest $550 in a Certificate of Deposit

question 83

Multiple Choice

Assume that you invest $550 in a certificate of deposit that has an annual interest rate of 4.5 percent.According to the rule of 72, what will your investment be worth after 16 years?

• A)$550
• B)$3, 960
• C)$1, 100
• D)$797.5
• E)$1, 200

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Definitions:

Mature Follicle

An ovarian follicle that has fully developed and is ready to release an egg during ovulation.

Vesicular Follicle

A fluid-filled structure in the ovary that contains a maturing oocyte (egg) during the menstrual cycle.

Primordial Follicle

Primordial follicles are the earliest stage of ovarian follicles, consisting of a primary oocyte surrounded by a single layer of flat granulosa cells, and represent the initial pool of potential ova in females.

Secondary Follicle

A stage in the development of ovarian follicles where the follicle grows in size and begins to secrete estrogen.