At an Interest Rate of 6%,how Much Will Need to Be

question 53

Multiple Choice

At an interest rate of 6%,how much will need to be invested today to have $10,000 in 5 years?

• A) $5,000
• B) $7,473
• C) $10,000
• D) $13,382

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Definitions:

Cerebrum

The largest part of the brain, responsible for higher brain functions like thinking, decision making, emotions, and sensory processing.

Autonomic Nervous System

The part of the nervous system that controls involuntary bodily functions, including heart rate, digestion, respiratory rate, pupil response, and sexual arousal, comprising the sympathetic and parasympathetic nervous systems.

Visual Acuity

The clarity or sharpness of vision, often measured by the ability to discern letters or numbers at a standardized distance on an eye chart.

Bowlegged

A condition in which a person's legs curve outward at the knees while the feet are together, creating a noticeable gap.