What Would an Initial Investment of $3,000 Grow to If

question 29

Multiple Choice

What would an initial investment of $3,000 grow to if it is compounded annually at 10% for 5 years?

• A) $4,832
• B) $4,500
• C) $6,286
• D) $1,863
• E) None of the above

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Definitions:

Steep Slopes

Land areas where the ground rises sharply, often leading to challenges in construction and increased risk of erosion.

Wind

The flow of gases on a large scale, primarily on Earth's surface, resulting from air moving from high pressure to low pressure areas.

Sedimentary Rocks

Rocks formed by the deposition and subsequent cementation of mineral or organic particles on the floor of oceans or other bodies of water.

Rock Forms

The various shapes and structures that rocks can take, including layered formations, intrusions, and extrusions.