You Deposit $100 Every Three Months for the Next 50

question 16

Multiple Choice

You deposit $100 every three months for the next 50 years,first deposit made today.If the interest rate is j₄ = 10%,how much do you have three months after your last deposit?

• A)$582,417
• B)$568,212
• C)$568,112
• D)$554,256

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Definitions:

Energy Intake

The amount of energy derived from foods and beverages consumed, measured in calories or joules.

Inappropriate Compensatory

Behaviors undertaken to undo or compensate for an undesirable action or thought, which may be maladaptive or harmful.

Binge Eating Disorder

An eating disorder characterized by recurrent episodes of eating large quantities of food (often very quickly and to the point of discomfort); a feeling of a loss of control during the binge; experiencing shame, distress or guilt afterwards; and not regularly using unhealthy compensatory measures (e.g., purging) to counter the binge eating.

Bulimia Nervosa

An eating disorder marked by binge eating followed by behaviors such as vomiting or excessive exercise to prevent weight gain.