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Your Accountant Tells You That If You Can Continue to Earn

question 86

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Your accountant tells you that if you can continue to earn the current interest rate on your balance of $500 for ten years,you will have about $983.58.If your accountant is correct,what is the current rate of interest?


Definitions:

Irrigate Eye

The process of cleaning or flushing the eyes with a fluid, often to remove foreign substances or relieve discomfort.

Rinne Test

A hearing test using a tuning fork to compare air conduction and bone conduction of sound in each ear.

Mastoid Bone

A bone located behind the ear, part of the temporal bone, containing air cells that can become infected in mastoiditis.

Obturator

Anything that obstructs or closes a cavity or opening; refers to that internal portion of an examining instrument that facilitates the introduction of the instrument into the body and is then withdrawn, permitting visualization of the internal area.

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