You Have Been Depositing Money at the End of Each

question 11

Multiple Choice

You have been depositing money at the end of each year into an account drawing 8% interest. What is the balance in the account at the end of year four if you deposited the following amounts? Year End of Year Deposit
1 $350
2 $500
3 $725
4 $400

• A) $1,622
• B) $2,207
• C) $2,384
• D) $2,687

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Definitions:

Louise Nevelson

An American sculptor known for her monumental, monochromatic, wooden wall pieces and outdoor sculptures.

Donald Judd

An American artist known for his contributions to Minimalism, characterized by his use of simple, repeated forms and industrial materials.

Visual Vocabulary

The set of elements used by artists to communicate ideas, emotions, and narratives through visual means, including line, color, shape, and texture.

Income Inequality

The unequal distribution of household or individual income across the various participants in an economy.