Five Years Ago, Precision Tool Set Aside $50,000 in Case

question 268

Multiple Choice

Five years ago, Precision Tool set aside $50,000 in case of a financial emergency. Today, that account has increased in value to $64,397. What rate of interest is the firm earning on this money?

• A) 5.19%
• B) 5.47%
• C) 6.18%
• D) 6.32%
• E) 6.45%

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Definitions:

Physically Assault

Refers to engaging in physical force or violence against another individual, causing harm or injury.

Verbally Abuse

The act of using words to harm, control, or belittle someone, often a form of psychological or emotional violence.

Meditate

The practice of focusing the mind and achieving a state of deep peace and mindfulness, often used for relaxation and stress reduction.

Attachment Styles

Patterns of behavior used in relationships to maintain closeness and emotional connection with others, classically categorized into secure, anxious, and avoidant.