What Is the Future Value of $100 in 2 Years

question 95

Multiple Choice

What is the future value of $100 in 2 years that earns an annual interest rate of 5 percent?

• A)$110.41
• B)$105.50
• C)$110.25
• D)$102.25

---

Definitions:

Best-price Requirements

Regulatory or policy stipulations that ensure consumers or buyers are getting the most favorable price available for goods or services, often seen in government procurement.

U.S. Antitrust Law

Legislation aimed at promoting competition and preventing unfair monopolies or practices that could harm consumers or market fairness.

Competitors

Other businesses or individuals that offer similar products or services, operating within the same market or industry.

Marketing Message

The core idea or theme communicated by a business to its target audience, intended to inform, persuade, or remind consumers about its products or services.