Which of the Following Is the Correct Way to Figure

question 163

Multiple Choice

Which of the following is the correct way to figure the future value of $100 put in an account that earns 4 percent for 10 years?

• A)$100(1 + .04¹⁰)
• B)$100(1 + .04 × 10)
• C)$100 x 10 x (1 + .04)
• D)$100(1 + .04)¹⁰

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Definitions:

Religious Faith

A personal belief and trust in a higher power or specific religious doctrines, often characterized by practices, rituals, and moral codes.

Flag Salute

A formal gesture of respect made towards a national flag, often involving specific movements or postures.

Establishment Clause

A provision in the First Amendment of the U.S. Constitution that prohibits the government from establishing an official religion or unduly favoring one religion over another.

First Amendment

An amendment to the U.S. Constitution that protects freedoms concerning religion, expression, assembly, and the right to petition.