If You Put $1,000 in the Bank Today at an Interest

question 87

Multiple Choice

If you put $1,000 in the bank today at an interest rate of 6% what is its value in two years?

• A)$2,000(1.06)
• B)$1,000 + $(1.06)²
• C)$1,000(1.06)²
• D)None of the above are correct.

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Definitions:

Visual Cortex

The region of the brain located in the occipital lobe that processes visual information received from the eyes.

Ganglion Cell Axons

Nerve fibers originating from ganglion cells in the retina, transmitting visual information from the eye to the brain.

Cerebral Area

A region of the brain responsible for various functions including thought, memory, emotion, and sensory processing.

Optic Nerve

A paired nerve that transmits visual information from the retina to the brain.