Suppose $2,300 Is Deposited in an Account for 6 Years $\$ 3,296.56$

question 167

Multiple Choice

Suppose $2,300 is deposited in an account for 6 years paying 6% compounded daily. What is the future value of the account?

• A) \(\$ 3,296.56\)
• B) \(\$ 2,302 \cdot 72\)
• C) \(\$ 2,327.76\)
• D) \(\$ 3,309.77\)
• E) \(\$ 3,313.08\)

---

Definitions:

Birth Weight

The weight of a baby at its birth, an important indicator of neonatal and infant health and development.

Lethargy

A state of sluggishness, inactivity, and apathy that can affect an individual's ability to perform daily tasks.

Short Stature

A condition in which a person is significantly below the average height for their age and gender.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept typically developed in infancy.