Zachary Invested $4000 into an Account with an Interest Rate

question 40

Multiple Choice

Zachary invested $4000 into an account with an interest rate of 5.3% each year compounded monthly. How much money will be in the account after 1 month (rounded to the nearest hundredth) ?

• A) $322432.10
• B) $4217.23
• C) $4212.00
• D) $4017.67
• E) $4435.24

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Definitions:

World-Will-End

A concept often associated with apocalyptic beliefs regarding the ultimate fate of the world.

Attitude Change

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