How Much Would Be in Your Savings Account in 10

question 137

Multiple Choice

How much would be in your savings account in 10 years after depositing $50 today if the bank pays 7 percent interest per year?

• A) $35.00
• B) $98.36
• C) $535.00
• D) $690.82

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Definitions:

Cutthroat Trout

A species of freshwater fish, known for the distinctive red or orange cutthroat mark beneath its jaw.

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A glacial lake located in Banff National Park, Alberta, Canada, known for its vivid turquoise waters surrounded by high mountain peaks.

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A highly destructive species of termite known for its aggressive behavior and ability to infest a wide range of structures.

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A term collectively referring to fish species native to Asia such as bighead, silver, grass, and black carp, some of which are considered invasive in other parts of the world.