You Begin Making Monthly Deposits of $400 on June 3,2007

question 64

Multiple Choice

You begin making monthly deposits of $400 on June 3,2007 in a fund earning j₁₂ = 9%.How much do you have in the fund immediately after the deposit on October 3,2010?

• A)$19,661.32
• B)$19,117.93
• C)$18,578.59
• D)$14,073.23

---

Definitions:

Aponeurosis

A type of flat, broad tendon that connects muscles to the bones they move or to other muscles.

Fascia

A band or sheet of connective tissue, primarily collagen, that supports and surrounds muscles, blood vessels, and nerves, binding some structures together while others are allowed to slide smoothly over each other.

Perimysium

The connective tissue that groups muscle fibers into bundles or fascicles within a muscle.

Myasthenia Gravis

An autoimmune disorder characterized by weakness and rapid fatigue of any of the muscles under voluntary control due to a breakdown in communication between nerves and muscles.