On January 1, 2016, Alex Deposited $5,000 into a Savings

question 165

Multiple Choice

On January 1, 2016, Alex deposited $5,000 into a savings account that pays interest of 5 percent, compounded annually. If he makes no further deposits or withdrawals, how much will Alex have in his account on December 31, 2018 (3 years later) ?

• A) $5,750.
• B) $5,788.
• C) $5,813.
• D) $5,825.

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Definitions:

Biological Theories

A set of theories in psychology and sociology that attributes human behaviors and characteristics, including criminality, to biological factors such as genetics, neurotransmitter levels, and brain structure.

Central Nervous System

Consists of the brain and spinal cord, responsible for processing and transmitting information in the body.

Peripheral Nervous System

The portion of the nervous system that lies outside the brain and spinal cord, involving nerves and ganglia, responsible for relaying sensory information and controlling voluntary and involuntary functions.

Endocrine System

A network of glands in the body that produce and release hormones directly into the blood to regulate various bodily functions, such as metabolism, growth and development, and mood.