Nancy Invested $5,000 in a Certificate of Deposit Earning 4

question 57

Multiple Choice

Nancy invested $5,000 in a certificate of deposit earning 4% per year.Unfortunately,she needed to withdraw it before the maturity date.If the penalty was two months of interest,what was her total penalty (round to the nearest dollar) ?

• A) $0
• B) $4
• C) $20
• D) $33
• E) $200

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Definitions:

Augustus

The first Roman emperor, ruling from 27 B.C. until his death in A.D. 14, and known for initiating the Pax Romana, a period of relative peace in the Roman Empire.

Greek Post-and-Lintel

A building system using two vertical posts supporting a horizontal beam (lintel), characteristic of ancient Greek architecture and foundational in Western architectural tradition.

Colosseum

An iconic ancient amphitheater in Rome, known for its vast size and for hosting gladiatorial combats, spectacles, and public entertainments.

Arch

A curved structural member that spans an opening and is generally composed of wedge-shaped blocks (voussoirs) that transmit the downward pressure laterally. See also thrust.