If You Put $700 in a Savings Account with a 10

question 6

Multiple Choice

If you put $700 in a savings account with a 10% nominal rate of interest compounded monthly, what will the investment be worth in 21 months (round to the nearest dollar) ?

• A) $827
• B) $833
• C) $828
• D) $1,176

---

Definitions:

Facial Tic

Involuntary, repetitive movements or spasms of the face muscles.

Vocalization

The action of producing sound or voice through the vocal cords, often used in reference to speech, singing, or animal calls.

Nerve Impulses

Bioelectric signals that transmit information along the nerve fibers, facilitating communication between different parts of the body.

Parkinson's Disease

A degenerative disorder of the central nervous system, marked by tremors, muscular rigidity, and slow, imprecise movement.