Stella Deposits $5000 in a Savings Account at a Bank

question 100

Multiple Choice

Stella deposits $5000 in a savings account at a bank that offers interest of 5.5% on such accounts.What is the value of the money in her savings account in one year's time?

• A)$4739
• B)$5135
• C)$5275
• D)$7750
• E)$5000

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Definitions:

Quantity Sold

The total number of units of a product or service that have been sold within a specific time period.

Maximum Revenues

The highest amount of income that a company can generate from its sales before any deductions.