Ozzie Put $15,000 into an Account with a Fixed Rate

question 223

Multiple Choice

Ozzie put $15,000 into an account with a fixed rate two years ago and now has $16,224.00.What rate of interest did Ozzie earn?

• A)2 percent
• B)3 percent
• C)4 percent
• D)6 percent

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Definitions:

Selective Serotonin Reuptake Inhibitors

A class of drugs commonly used as antidepressants in the treatment of major depressive disorder, anxiety disorders, and some personality disorders.

Fragile X Syndrome

A genetic disorder causing intellectual disability, behavioral challenges, and characteristic physical features.

Phenylketonuria

A rare inherited disorder that increases the levels of a substance called phenylalanine in the blood, leading to intellectual disability and other health issues unless managed by diet from an early age.

Phenylalanine

An essential amino acid found in the human body used by the body to produce proteins and other important molecules, which is obtained through the diet.