Scenario: Trinity Deposits $8,000 in a Bank at an Interest

question 102

Multiple Choice

Scenario: Trinity deposits $8,000 in a bank at an interest rate of 8 percent per year compounded annually.
-Refer to the scenario above.What will be the future value of the deposit after 1 year?

• A) $8,420
• B) $8,480
• C) $8,640
• D) $8,820

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Definitions:

Lumpectomy

Lumpectomy is a surgical procedure to remove cancerous or other abnormal tissue from a breast, sparing most of the breast tissue.

Surgical Removal

The process of cutting out or excising a part of the body or a growth, often through an operative procedure.

Breast Lump

A localized swelling, growth, or mass in the breast, which can be benign or indicative of breast cancer.

Cervical Cancer

A type of cancer that occurs in the cells of the cervix, which is the lower part of the uterus that connects to the vagina.