If Your Parents Deposited $15,000 into an Account for You

question 28

Multiple Choice

If your parents deposited $15,000 into an account for you when you were born as part of a college savings fund and that account is earning 10% annually,how much will you have in your college savings fund on your 18^th birthday?

• A) $36,099.29
• B) $83,398.76
• C) $162,520.59
• D) $50,795.32

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Definitions:

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Examination techniques that measure and record physiological indicators such as blood pressure and heart rate to determine truthfulness.

Reliability

The degree to which an assessment tool or measurement consistently produces stable and accurate results over repeated uses.

Achievement Tests

Tests that measure a person's existing knowledge and skills.

Production Employees

Workers directly involved in manufacturing goods or providing services in industries such as automotive, electronics, textiles, and food processing.