Twelve Years Ago, Your Parents Set Aside $8,000 to Help

question 2

Multiple Choice

Twelve years ago, your parents set aside $8,000 to help fund your college education. Today, that fund is valued at $23,902. What rate of interest is being earned on this account?

• A) 8.99 percent
• B) 9.42 percent
• C) 9.67 percent
• D) 9.55 percent
• E) 9.06 percent

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Definitions:

Fund-raising Appeals

Requests or campaigns aimed at soliciting financial support for a cause, project, or organization.

Credibility

Ability to come across to the audience as believable.

Audience's Response

The reactions or feedback from the listeners or viewers of a presentation, performance, or message.

Indirect Request Pattern

A communication technique where requests or suggestions are made in a less direct and more polite manner, often used to avoid confrontation or to be more socially graceful.