You Deposited $1,000 in a Savings Account That Pays 8

question 114

Multiple Choice

You deposited $1,000 in a savings account that pays 8 percent interest,compounded quarterly,planning to use it to finish your last year in college.Eighteen months later,you decide to go to the Rocky Mountains to become a ski instructor rather than continue in school,so you close out your account.How much money will you receive?

• A) $1,171
• B) $1,126
• C) $1,082
• D) $1,163
• E) $1,008

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Definitions:

Reduction in dendrites

A process involving the decrease in the branched projections of neurons, potentially affecting neural connectivity and function.

American Academy of Pediatrics

A professional organization advocating for the health and well-being of infants, children, adolescents, and young adults, providing guidelines and research on pediatric care.

Breast milk

The milk produced by a mother's breasts after childbirth, which contains essential nutrients and antibodies to support an infant's development.

Nervous system

The complex network of nerve cells and fibers that transmits nerve impulses between parts of the body, central to controlling and coordinating body activities.