Find the Future Value

question 452

Multiple Choice

Find the future value.
-$4603 invested for 2 years at 3% compounded annually

• A) $4885.46
• B) $4887.27
• C) $4886.54
• D) $4883.32

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Definitions:

Category Manager

A job role responsible for managing a specific category of products for a retailer or manufacturer, including assortment, pricing, and promotion strategies.

Brand Manager

is a professional responsible for developing and maintaining a brand's image, strategy, and marketing initiatives.

Promotional Strategy

A plan implemented by a business to increase awareness, demand, and sales of a product or service.

Diffusion of Innovation

The process by which a new idea, product, or technology spreads through a population or social system.