How Much Would $1,growing at 12

question 148

Multiple Choice

How much would $1,growing at 12.1% per year,be worth after 75 years?

• A) $6,041.14
• B) $5,253.16
• C) $6,408.86
• D) $4,465.19
• E) $5,095.57

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Definitions:

Positive Correlation

An association between increases in one variable and increases in another—or between decreases in one and in another.

Height And Weight

Physical measurements that indicate the vertical stature and mass of a body, often used in assessing health and development.

Average Income

The sum of all incomes in a group divided by the number of individuals in that group, often used as an economic indicator.

Dental Disease

Disorders and conditions that affect the health of the teeth, gums, and other structures of the mouth.