Find the Compound Interest Earned

question 28

Multiple Choice

Find the compound interest earned. Round to the nearest cent.
-$14,000 at 5% compounded annually for 3 years

• A) $2100.00
• B) $1435.00
• C) $701.50
• D) $2206.75

Understand the various modes of entering international markets, such as franchising, exporting, and joint ventures.

Identify the economic factors that companies consider before entering international markets.

Learn the importance of adapting marketing and operational strategies in response to local cultures and regulations.

Recognize the impact of external factors like technology and labor laws on international business.

---

Definitions:

Positivism

A philosophical approach that emphasizes the observational and empirical evidence as the foundation for knowledge and understanding.

Biological Determinism

The idea that biological factors such as genetic makeup determine human behavior and societal roles.

Hard Deviance

Activities or behaviors that strongly deviate from societal norms and are often perceived as being harmful or criminal by the general public.

Social Norms

Shared rules or guidelines that prescribe appropriate behavior in social situations and contexts.