A Deposit of $50,000 After a Year at 2 Percent

question 9

Multiple Choice

A deposit of $50,000 after a year at 2 percent interest is valued at:

• A)$1,000.
• B)$52,000.
• C)$49,000.
• D)$51,000.

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Definitions:

No Demand

A market situation where there is no consumer desire or interest in purchasing a specific product or service.

Inconsistency

The state of being inconsistent; lack of uniformity or steadiness in actions, values, or outcomes.

Training

The process of teaching or developing in oneself or others, any skills and knowledge that relate to specific useful competencies.

Wedding Preparation Service

A business that offers planning and coordinating services for weddings, including venue selection, catering, and decorations.