By Quitting Smoking,Lisa Could Save $350 Per Month in an Account

question 4

Multiple Choice

By quitting smoking,Lisa could save $350 per month in an account with an effective rate of interest at 8.75%.How long will it take her to accumulate $100,000?

• A) 13.1 years
• B) 15.2 years
• C) 12.8 years
• D) 14.2 years

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Definitions:

Muscular Dystrophy

A group of genetic diseases characterized by progressive weakness and degeneration of the skeletal muscles that control movement.

Duchenne's Dystrophy

A genetic disorder characterized by progressive muscle degeneration and weakness, primarily affecting boys.

Tendonitis

Inflammation of the tendon.

Quadriceps Femoris

A large muscle on the anterior surface of the thigh that is composed of four separate muscles.