Which of the Following Is the Correct Way to Compute

question 293

Multiple Choice

Which of the following is the correct way to compute the future value of $100 put into an account that earns 4 percent interest for 10 years?

• A) $1001 + .0410)
• B) $1001 + .04 10)
• C) $100 × 10 1 + .04)
• D) $1001 + .04)10

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Definitions:

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All-Nighters Narrative

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Data that consists of observations on only a single characteristic or attribute.

Pie Charts

Pie charts are circular statistical graphics that are divided into slices to illustrate numerical proportion.