You Invested $1,400 in an Account That Pays 5 Percent

question 14

Multiple Choice

You invested $1,400 in an account that pays 5 percent simple interest.How much more could you have earned over a 20-year period if the interest had compounded annually?

• A)$749.22
• B)$830.11
• C)$882.19
• D)$901.15
• E)$914.62

---

Definitions:

Neuroleptic

A type of medication primarily used to treat psychosis, including schizophrenia, characterized by its antipsychotic properties.

Neurological Disorders

Diseases of the nervous system, affecting the brain, spine, and nerves connecting them.

Extrapyramidal Side Effects

Undesirable symptoms caused by certain medications, affecting movement and muscle control, such as tremors or rigidity.

Antipsychotic Medication

Medicines designed to manage psychosis and other mental health conditions by altering brain chemistry to reduce symptoms like hallucinations.