How Much Would Be in Your Savings Account in 7

question 151

Multiple Choice

How much would be in your savings account in 7 years after depositing $100 today if the bank pays 5 percent interest per year?

• A) $135.00
• B) $140.71
• C) $735.00
• D) $814.20

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Definitions:

Four Ps

A marketing model that refers to Product, Price, Place, and Promotion - the core elements involved in marketing a product or service.

Marketing Analytics

The practice of using data analysis tools and metrics to measure, manage, and analyze marketing performance and improve effectiveness.

AMA's Code

The American Marketing Association's guidelines for ethical behavior and practice in the marketing profession.

Ethical Value

The importance placed on moral behaviors and actions that are considered right and good in a societal or individual context.