If a Person Deposited $100 a Month for 5 Years

question 25

Multiple Choice

If a person deposited $100 a month for 5 years earning 9 percent, this would involve what type of computation?

• A)simple interest
• B)future value of a single amount
• C)future value of a series of deposits
• D)present value of a single amount
• E)present value of a series of deposits

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Definitions:

Physical Hazard

Any factor within the environment that can potentially cause harm or adverse health effects to individuals.

Reactive Substances

Materials that undergo a chemical change when exposed to certain conditions, often used in industrial processes.

Safety Data Sheet

A document that details information on the properties, safety, handling, and potential hazards of a chemical product.

Eyewash Station

A safety device designed to flush the eyes with water or a special fluid to help remove contaminants or chemicals that may cause harm.