If You Invest $4,000 at the End of Every Year

question 140

Multiple Choice

If you invest $4,000 at the end of every year for nine years at an interest rate of 6%, the balance of your investment in 5 years will be closest to

• A) $5,352.
• B) $16,848.
• C) $22,548.
• D) $36,000.

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Definitions:

Psychological Disorders

Mental disorders characterized by patterns of behavior or thought that are significant enough to interfere with a person's daily life and well-being.

Therapeutic Interventions

Actions or strategies used by health professionals to assist individuals in overcoming physical or mental health issues.

Cooperation

The act or process of working together towards common goals or benefits, often resulting in shared success or outcomes.

Trait

A stable characteristic or quality that describes a person's typical behavior or attitude.