Eric Has $4,800 That He Wants to Invest for 4

question 16

Multiple Choice

Eric has $4,800 that he wants to invest for 4 years.He can invest this amount at his credit union and earn 4 percent simple interest.Or,he can open an account at Compass Bank and earn 3.65 percent interest,compounded annually.If he decides to invest at Copmpass Bank for 3 years,he will:

• A)earn $15.02 more than if he had invested with his credit union.
• B)earn $27.89 less than if he had invested with his credit union.
• C)earn the same amount as if he had invested with the credit union.
• D)have a total balance of $4,992 in his account after one year.
• E)have a total balance of $4,876 in his account after one year.

---

Definitions:

Muscular Dystrophy

A group of genetic disorders characterized by progressive weakness and degeneration of the skeletal muscles that control movement.

Impaired Spontaneous Ventilation

A condition where the natural ability to breathe independently and maintain adequate gas exchange is diminished or compromised.

Morphine Sulfate

An opioid medication used for the relief of moderate to severe pain by acting directly on the central nervous system.

Respiratory Depression

A decrease in the rate and depth of breathing, leading to inadequate ventilation and oxygenation of the blood.