If Erika Lee Invests $5,000 in a Certificate of Deposit

question 1

Multiple Choice

If Erika Lee invests $5,000 in a certificate of deposit that pays 5%, compounded annually, what amount will she have in 10 years?

• A) $8,954
• B) $8,144
• C) $12,969
• D) $7,401

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Definitions:

Human Resource Productivity

The measure of how effectively and efficiently the human capital of an organization is utilized to achieve its goals.

Competitive Measurements

Metrics and benchmarks used by businesses to assess their performance relative to their competitors.

5C Model

A strategic framework that focuses on five key areas for business success: Company, Customers, Competitors, Collaborators, and Context.

Commitment

The level of dedication and loyalty an individual or group has towards tasks, objectives, or an organization, often manifesting in hard work and perseverance.