Use the Formula $A = p \left( 1 + \frac { r } { n } \right) ^ { n t }$

question 191

Multiple Choice

Use the formula $A = p \left( 1 + \frac { r } { n } \right) ^ { n t }$ to find the total amount of money accumulated at the end of the indicated time period for the following investments: $1,500 for 5 years at 4.5% compounded quarterly. The choices are rounded to the nearest cent.

• A) $507.06
• B) $6,941.67
• C) $1,876.13
• D) $750.45
• E) $4,690.31

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Definitions:

Iris Diaphragm

An adjustable aperture used in optical instruments, like microscopes and cameras, to control the amount of light passing through the lens.

Condenser

A device used to condense vapor into liquid, widely used in laboratory equipment, air conditioning, and power plants.

High-Power Objective

A microscope lens with high magnification, used for observing fine details within specimen slides.

Eyepiece

The lens or group of lenses in a telescope or microscope that is closest to the eye and through which the object is viewed.