How Many Years Will It Take for $35 to Grow

question 38

Multiple Choice

How many years will it take for $35 to grow to $53.87 if invested at 9 percent compounded annually?

• A)6)0
• B)5)5
• C)5)0
• D)4)0

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Definitions:

Field Device

An equipment or sensor located in the operational environment, directly interacting with the physical process.

SCADA

An acronym for supervisory control and data acquisition.

Data Acquisition

The process of collecting and measuring physical or electrical data from various sources, typically for analysis and monitoring.

Modbus Protocol

A communication protocol developed for industrial applications to allow devices to communicate over different types of networks.