If You Deposit $900 into an Account for Two Years

question 41

Multiple Choice

If you deposit $900 into an account for two years and the interest rate is 4%,how much do you have at the end of the two years?

• A)$972.00
• B)$973.44
• C)$974.19
• D)None of the above is correct.

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Definitions:

Mathematical Likelihood

A measure of the probability of a set of observations given a particular statistical model.

Practice Or Treatment

The application of a particular procedure or regimen to a subject or subjects in an experiment or study.

Chance

A measure of likelihood or probability that a particular event will occur.

Error

The difference between a measured or inferred value and the true value, often used in the context of statistical models and predictions.