As a Result of a November 2004 Court Settlement, Goldman

question 49

Multiple Choice

As a result of a November 2004 court settlement, Goldman Gadgets agreed to pay $16.5 million to Fender Motor Company, with $13 million of it going to a Fender charitable trust. If the trust invested this money at an annual rate of 7.0%, compounded annually, how much could be awarded to worthwhile organizations at the end of each year for the next 17 years? Round your answer to the nearest cent. ​

• A)$1,574,511.95
• B)$919,232.70
• C)$939,817.47
• D)$1,011,357.60
• E)$1,331,527.51

Discuss the dynamics of production and consumption in the modern economy and their effects on leisure activities.

Understand the perspectives of symbolic interactionism and conflict theory in the context of family dynamics.

Recognize the influence of social factors on the definition and structure of families.

Analyze the role of the nuclear and extended family in society and their adaptation to changes.