Three Thousand Dollars Is Deposited into an Account Paying 10

question 112

Multiple Choice

Three thousand dollars is deposited into an account paying 10% annually to provide three annual withdrawals of $1,206.34 beginning in one year. How much remains in the account after the second payment has been withdrawn?

• A) $1,326.97
• B) $1,206.34
• C) $1,096.69
• D)$587.32

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Definitions:

Green 9-pin

A standard connector used for diagnostic ports on heavy-duty vehicles, allowing access to the vehicle's data bus.

J1939 Bus

A term used interchangeably with J1939 Data Backbone, referring to the communication network based on the J1939 standard in automotive and industrial vehicles.

Bus Connectors

Components that are used to link individual bus bars or to connect devices to a bus system, facilitating communication or power transmission.

J1939 Data Bus

A communications network protocol based on CAN (Controller Area Network), designed for heavy-duty vehicles to exchange electronic information.