Hector Puts $150 into an Account When the Interest Rate

question 107

Multiple Choice

Hector puts $150 into an account when the interest rate is 4 percent.Later he checks his balance and finds he has about $168.73.How long did Hector wait to check his balance?

• A)3 years
• B)3.5 years
• C)4 years
• D)4.5 years

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Definitions:

Physical Activity

Any bodily movement produced by skeletal muscles that requires energy expenditure, ranging from more sedentary activities to vigorous exercise.

Arthritis

A group of painful, inflammatory conditions affecting joints and connective tissues, leading to stiffness and decreased range of motion.

Damage

Physical harm caused to something in such a way that it is impaired or its value is diminished.

Good

Describes something as being satisfactory, beneficial, or morally right.