Janet Plans on Saving $3,000 a Year and Expects to Earn

question 93

Multiple Choice

Janet plans on saving $3,000 a year and expects to earn 8.5 percent.How much will Janet have at the end of twenty-five years if she earns what she expects?

• A)$219,317.82
• B)$230,702.57
• C)$236,003.38
• D)$244,868.92
• E)$256,063.66

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Definitions:

Largest Part

The component or section of something that is the biggest in size or volume.

Human Brain

The central organ of the human nervous system, responsible for processing sensory information, regulating bodily functions, and enabling cognition, emotions, and memory.

Right Hemisphere

The half of the brain that is typically associated with creative thinking, spatial ability, and the processing of visual and auditory information.

Left Side

The side of an object or body that is to the west when the object or person is facing north.