The Amount a in an Account Is Given by the Formula

question 35

Multiple Choice

The amount A in an account is given by the formula A = p + i where p is the principal and i is the interest. How much interest was earned if an original deposit (the principal) of $4,250 has grown to be $4,520?

• A)$280
• B)$270
• C)$255
• D)$275
• E)$250

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Definitions:

Old Old

A demographic term referring to elderly individuals, typically aged 85 years or older, often facing unique health and social challenges.

Physiological Decline

describes the gradual reduction in the functional capacity of an organism's physiological functions, often associated with aging or disease processes.

Life-threatening Diseases

Conditions with a high likelihood of causing death if not treated urgently and appropriately.

Age Stratification

A sociological concept that refers to the hierarchical ranking and categorization of people based on their ages.