You Decide to Deposit $1,000 at a Local Bank for Two

question 52

Multiple Choice

You decide to deposit $1,000 at a local bank for two years at a 5% rate of interest compounded annually. What is the future value of your investment? (Use the future value of $1 factor table provided) .
Excerpt of Future Value of $1 Table
$$\begin{array} { | c | c | } \hline \text { Periods } & 5 \% \\\hline 1 & 1.05 \\\hline 2 & 1.10 \\\hline 3 & 1.16 \\\hline 4 & 1.22 \\\hline 5 & 1.28 \\\hline 6 & 1.34 \\\hline 7 & 1.41 \\\hline 8 & 1.48 \\\hline 9 & 1.55 \\\hline 10 & 1.63 \\\hline 11 & 1.71 \\\hline 12 & 1.80 \\\hline\end{array}$$

• A) $1,000
• B) $1,050
• C) $1,160
• D) $1,100

Understand the role of foreign keys in relating tables within a database.

Know how to use the Import Spreadsheet Wizard and its settings for importing data into Access.

Comprehend the use of subdatasheets in viewing related records from related tables.

Acquire the ability to configure field properties in Table Design and Datasheet views.

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Symbolic Structure

Internal and external systems of symbols, signs, and meanings that guide and structure human communication and understanding.

Morpheme Structure

The arrangement and composition of morphemes, which are the smallest grammatical units in a language, contributing to semantic meaning.

Semantics

The study of meaning in language, including the meanings of words, phrases, and sentences.