You Have Been Saving Toward the Purchase of a New

question 71

Multiple Choice

You have been saving toward the purchase of a new mountain bike.Five years ago,you placed $600 in a bank account,and you have since earned an annual rate of return of 12 percent.How much do you now have in your account?

• A)$1,057.41
• B)$1,293.71
• C)$978.70
• D)$1,138.70

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Channel

A medium through which information, communication, or entertainment is delivered or accessed.

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A cognitive framework or concept that helps organize and interpret information.

Audience Understand

The degree to which the intended audience comprehends or grasps the information presented to them.