If $40000 Is Put in a Savings Account Paying Interest

question 32

Multiple Choice

If $40000 is put in a savings account paying interest of 4% compounded annually what amount will be in the account at the end of 5 years?

• A) $32878
• B) $48000
• C) $48620
• D) $48666

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Definitions:

Political Savvy

The ability to understand and navigate organizational politics and power dynamics effectively.

Political Power

The ability to influence or outright control the behavior of people and institutions, often within a governmental or organizational context.

Organizational Objectives

The specific, measurable goals set by a company or organization to guide its operations towards achieving its mission and vision.

Perception

Perception is the process through which people receive and interpret information from the environment.