Choose the One Alternative That Best Completes the Statement or Answers

question 108

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-How much money needs to be invested now to get $2000 after 4 years at 8% compounded quarterly? Express your answer to the nearest dollar.

• A) $2746
• B) $1848
• C) $1457
• D) $584

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Definitions:

City Column

In databases or spreadsheets, a column specifically dedicated to storing city names or information related to cities.

Order ID

A unique identifier assigned to each order placed within a system, used for tracking and managing orders.

Trace Error

A debugging process or tool used to locate and identify errors within a software program or system.

Calculate

The process of determining a result through mathematical or logical operations.