Question 77 • Financial Math
The fixed deposit earns 6% of $15,000 over one year: $15,000 × 0.06 = $900, so its value is $15,900. The 120 shares are now worth 120 × $78 = $9,360. Adding the two investments gives $15,900 + $9,360 = $25,260, which is choice B.
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