Sydney Saved $10,000 During Her First Year of Work After

question 52

Multiple Choice

Sydney saved $10,000 during her first year of work after college and plans to invest it for her retirement in 20 years. How much will she have available for retirement if she can make 8% on her investment?

• A) $2,150
• B) $457,620
• C) $46,610
• D) $217,250

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Definitions:

Suicide Rate

The frequency of suicides in a given population over a specified period of time, often expressed per 100,000 individuals per year.

American Indians

Indigenous peoples of the United States, also known as Native Americans, with distinct cultures, languages, and historical backgrounds.

Non-Hispanic White

Refers to individuals who identify as white but do not have a Hispanic or Latino background, used in demographic contexts.

African Americans

A racial or ethnic group in the United States characterized by descendants of African ancestral origins.