What Is the Future Value of a Deposit of £200

question 10

Multiple Choice

What is the future value of a deposit of £200 in an account paying interest at 5 per cent over a four year period?

• A) £240.00
• B) £220.00
• C) £234.10
• D) £243.10

---

Definitions:

Trade Dress

Refers to the visual appearance of a product or its packaging that signifies the source of the product to consumers.

Logo

A graphical symbol or design used by organizations to aid and promote instant public recognition.

Tying Arrangement

A sales tactic where the purchase of one product is conditional upon the purchase of another product.

Scuba Diving

An underwater diving activity where the diver uses self-contained underwater breathing apparatus to explore underwater environments.