Your Accountant Tells You That If You Can Continue to Earn

question 86

Multiple Choice

Your accountant tells you that if you can continue to earn the current interest rate on your balance of $500 for ten years,you will have about $983.58.If your accountant is correct,what is the current rate of interest?

• A)5 percent
• B)6 percent
• C)7 percent
• D)8 percent

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Definitions:

Multicultural Competencies

The skills and understanding required to interact effectively and respectfully with individuals from diverse cultural backgrounds.

Cultural Values

The core principles and beliefs shared by members of a cultural group that influence behaviors and decision-making.

Worldview

The fundamental cognitive orientation of an individual or society encompassing the entirety of the individual or society's knowledge and point of view.

Intimate Partner Violence

Physical, sexual, or psychological harm by a current or former partner or spouse; this violence can occur among heterosexual or same-sex couples.