The Value of $100 Left in a Certificate of Deposit

question 59

Multiple Choice

The value of $100 left in a certificate of deposit for four years that earns 4.5% annually will be:

• A) $120.00
• B) $119.25
• C) $117.00
• D) $145.00

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Definitions:

Jumbled Display

A visual presentation where elements are mixed up or disorganized, often used in tests of perceptual organization.

Normal Kitchen Scene

A typical or standard visualization of a kitchen environment, often used in studies of perception and cognition to assess how people interpret everyday scenes.

Occurrences

Events or instances where a specific situation or condition takes place.

Letter "H"

The eighth letter of the English alphabet, characterized by a vertical line with two horizontal lines connecting to the top and middle.