You Deposit X Dollars into a 3-Year Certificate of Deposit

question 98

Multiple Choice

You deposit X dollars into a 3-year certificate of deposit that pays 4.75 percent annual interest.At the end of the 3 years you have $4,229.70.What number of dollars,X,did you deposit?

• A)$3,680.00
• B)$3,712.77
• C)$3,750.00
• D)$3,772.57

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Definitions:

Screenwriter

A professional writer who creates scripts for films, television shows, and other visual media projects.

Production Code Administration

A body that governed the moral content of films in the United States from 1934 to 1968, ensuring that movies adhered to the Hays Code by avoiding profanity, overt sexuality, and other deemed inappropriate content.

Melodramas

A genre of drama characterized by exaggerated emotions, stereotypical characters, and interpersonal conflicts.

Social

Pertaining to society or its organization, often involving the collective behavior and interactions among individuals within a community.