Carlos Lopes Is Looking to Invest for the Next Three

question 118

Multiple Choice

Carlos Lopes is looking to invest for the next three years. He is looking to invest $7,500 today in a bank CD that will earn interest at 5.75 percent annually. How much will he have at the end of three years? (Round to the nearest dollar.)

• A) $8,870
• B) $8,575
• C) $8,681
• D) $8,990

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Definitions:

Obsessive-Compulsive Disorder

A mental disorder characterized by unwanted repetitive thoughts (obsessions) and behaviors (compulsions) that the individual feels driven to perform.

Neurotransmitters

Chemical messengers in the nervous system that transmit signals across a chemical synapse from one neuron (nerve cell) to another 'target' neuron, muscle cell, or gland cell.

Serotonin

A neurotransmitter that contributes to feelings of well-being and happiness, impacting various functions in the body and brain.

Anxiety Disorders

A group of mental health conditions characterized by excessive fear or worry that affects an individual's daily activities.