If Billy Pierce Invests $1,000 at the End of Each

question 143

Multiple Choice

If Billy Pierce invests $1,000 at the end of each year at 9% compounded annually, how many years will it take until his investment reaches above $10,000?

• A)5 years
• B)6 years
• C)7 years
• D)8 years

---

Definitions:

Americans

People who live in or hold citizenship of the United States of America.

Health Trends

The general direction in which the collective health of a population is moving, often identified through statistical analysis of health-related data over time.

Healthy People Initiatives

Government-led efforts aimed at setting goals and providing science-based objectives to improve the health and well-being of people.

United States

A country in North America consisting of 50 states, a federal district, five major self-governing territories, and various possessions.