Suppose That You Place $450 in a Bank Account Each

question 121

Multiple Choice

Suppose that you place $450 in a bank account each year for the next 20 years.How much would be in your bank account at the end of the twentieth year if the deposits earned an annual rate of return of 6% each year?

• A)$9,540.00
• B)$10,876.31
• C)$14,729.44
• D)$16,553.52

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Definitions:

NREM Sleep

Non-Rapid Eye Movement sleep, a restorative sleep phase characterized by reduced physiological activity and is divided into stages reflecting depth of sleep.

REM Sleep

A stage of sleep characterized by rapid eye movements, more brain activity, and vivid dreams.

Brain Wave Pattern

Refers to the electrical activity in the brain, characterized by certain patterns detectible via EEG.

Awake and Alert

Being awake and alert refers to a state of consciousness where an individual is fully aware of their surroundings and able to react to stimuli.