An Individual Invests $12,000 at a Rate of 4% Per

question 52

Multiple Choice

An individual invests $12,000 at a rate of 4% per annum.What will be its value in 9 years' time?

• A)$15,000
• B)$15,853
• C)$16,289
• D)$18,000
• E)$17,080

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Definitions:

Traits

Characteristics or features of an organism that are inherited from its parents.

Modern Evolutionary Synthesis

A comprehensive theory that integrates Darwin's theory of evolution by natural selection with Mendelian genetics, providing a cohesive understanding of how evolutionary processes work.

Genetics

The study of genes, genetic variation, and heredity in living organisms, explaining how traits are passed from parents to offspring.