If the Interest Rate Is 4%,in Which of the Following

question 176

Multiple Choice

If the interest rate is 4%,in which of the following cases is the future value the largest?

• A)An initial value of $1,000 deposited for 5 years.
• B)An initial value of $950 deposited for 6 years.
• C)An initial value of $900 deposited for 7 years.
• D)An initial value of $850 deposited for 8 years.

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Definitions:

Prion

Infectious agents composed primarily of protein material that can induce abnormal folding of specific normal cellular proteins called prion proteins, mostly affecting the brain.

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and, if not treated, can lead to AIDS (Acquired Immunodeficiency Syndrome).

Conjugation

A form of genetic transfer where two bacteria temporarily join together and directly transfer genetic material between them.

Sex Pilus

A thin, tube-like structure used by bacteria to transfer genetic material during a form of reproduction called conjugation.