​You Have Just Deposited $5,000 into an Account That Pays

question 240

Multiple Choice

​You have just deposited $5,000 into an account that pays 8% after taxes. If you make no additional contributions. How much more will your account be worth when you retire in 40 years than it would be if you waited 10 years before making this deposit?

• A)​$728,870
• B)​$58,309
• C)​$108,623
• D)​$566,415

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Definitions:

Remains Constant

Refers to a value or condition that does not change over time or under varying circumstances.

Population Size

Total number of individuals in a population.

Butterflies

Insects belonging to the order Lepidoptera, known for their bright colors and large, often patterned wings, undergoing dramatic transformations during their life cycle.

Density-Independent Factor

Environmental factors that affect population sizes regardless of the population's density, such as natural disasters or climate changes.