Choose the Word or Phrase in [ ] Which Will

question 32

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Natalie is faced with two savings choices: Making a single deposit of $5,000 or making five annual deposits of $1,000.The interest rate on both is 4%,compounded monthly.The [lump sum deposit | annual deposits] plan will result in a higher balance at the end of five years.

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Definitions:

Spinal Column

The series of vertebrae extending from the skull to the lower back, encasing the spinal cord and providing structural support to the body.

Herniation

The abnormal protrusion of an organ or tissue through a structure or part that normally contains it.

Folic Acid

A B-vitamin essential for cell growth and metabolism, important for pregnant women to prevent neural tube defects in infants.

Prenatal Vitamin

A supplement specially formulated to support the health of both pregnant women and their developing fetuses, typically containing folic acid, iron, calcium, and other vitamins and minerals.