What Is the Future Value of $2,500 Deposited for One

question 142

Multiple Choice

What is the future value of $2,500 deposited for one year earning a 14 percent interest rate annually?

• A) $2,550
• B) $2,850
• C) $2,950
• D) $3,150

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Definitions:

Mechanistic Structure

Mechanistic structure refers to a highly organized and rigid organizational form, characterized by a hierarchical and bureaucratic approach to management and operations.

Analyzability

The degree to which problems and tasks can be understood and solved through logical analysis and clear procedures.

Decentralization

The process of distributing power, authority, or tasks from a central point or authority to multiple locations or individuals.

Integrated Market

A market wherein various components such as goods, services, and participants are fully interconnected and function smoothly across borders.