Use the Table to Solve the Problem

question 48

Multiple Choice

Use the table to solve the problem. Round to the nearest cent.
-Felipe Rivera's savings account has a balance of $4,277. After 5 years what will the amount of interest be at 6% compounded quarterly?

• A)$128.31
• B)$1,488.52
• C)$1,483.52
• D)$1,474.52

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Definitions:

Feedback

Information provided regarding aspects of one’s performance or understanding, aimed at improving future efforts.

Revising

The process of reviewing, altering, and amending a piece of text or any other work, with the intention of improving it.

Sexist Language

Language that discriminates against or stereotypes individuals based on their gender.

Nonsexist Language

Language that treats both sexes neutrally, that does not make assumptions about the proper gender for a job, and that does not imply that one sex is superior to or takes precedence over the other.