If the Interest Rate Is 5%, the Value of $1,000

question 28

Multiple Choice

If the interest rate is 5%, the value of $1,000 at the end of 10 years is

• A)$1,505.
• B)$1,628.89.
• C)$10,000.
• D)$57,665.04.

---

Definitions:

Ether

A class of organic compounds that contain an oxygen atom connected to two alkyl or aryl groups, used as solvents and anesthetics.

Chemical Shift

A measure of the change in resonant frequency of a nucleus in a magnetic field due to its electronic environment, important in nuclear magnetic resonance (NMR) spectroscopy.

Carbon

A nonmetallic element that forms the basis of all known life on Earth, symbolized as C.

Oxygen

A chemical element with the symbol O and atomic number 8, essential for respiration in most life forms and used widely in industry.