On the Internet You Find the Following Offers for Opening

question 203

Multiple Choice

On the Internet you find the following offers for opening an online account.Which of them is the best offer if you have $5,000 to save for two years?

• A)an interest rate of 5 percent,with the bank charging you a $50 processing fee at the time you open your account
• B)an interest rate of 4 percent,with the bank giving you a $65 bonus at the time you open your account
• C)an interest rate of 3.5 percent,with the bank giving you a $100 bonus to open your account
• D)an interest rate of 4.5 percent,with no processing fee and no bonus

---

Definitions:

Older People

Refers to individuals who are in the later stages of their life, often considered to be ages 65 and above.

Younger People

Individuals in the early stages of life, often characterized by higher physical energy, growth, and development compared to older adults.

Life Expectancy

The average number of years that an individual or population is expected to live, based on statistical averages.

Better Health

A state of improved physical, mental, and social well-being, not merely the absence of disease or infirmity.