If $900 Is Deposited in a Savings Account That Pays $6 \frac { 1 } { 4 }$

question 5

Multiple Choice

If $900 is deposited in a savings account that pays interest at a rate of $6 \frac { 1 } { 4 }$ % per year compounded continuously, find the balance after 7 years.

• A) $1,418.56
• B) $581.08
• C) $1,369.77
• D) $1,393.95
• E) $3,484.87

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Definitions:

Reticular Activating

Part of the reticular formation in the brainstem that plays a crucial role in controlling arousal and consciousness.

Medulla Oblongata

The lower portion of the brainstem, responsible for regulating vital functions like heartbeat, breathing, and blood pressure.

Anticholinergic Side Effects

Side effects resulting from the blockade of acetylcholine receptors, including dry mouth, blurred vision, constipation, and urinary retention.

Imipramine

A tricyclic antidepressant medication used to treat depression and certain anxiety disorders by increasing the activity of certain chemicals in the brain.