How Much Is an Investment of $1,000 Worth at the End

question 60

Multiple Choice

How much is an investment of $1,000 worth at the end of year one, given an interest rate of 10%?

• A) $1,210
• B) $1,000
• C) $1,010
• D) $2,100

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Definitions:

Inkjet

A type of printer that creates images by propelling droplets of ink onto paper, widely used for home and office applications.

Laser Printers

Printers that use a laser beam to transfer toner onto paper, producing high-quality text and graphics quickly.

Home

The place where one lives permanently, especially as a member of a family or household.

Motherboard

The main printed circuit board (PCB) in a computer that connects together various components, including the central processing unit (CPU), memory, and connectors for input and output devices.