If $1,200 Is Deposited in a Savings Account That Pays

question 27

Multiple Choice

If $1,200 is deposited in a savings account that pays interest at a rate of % per year compounded continuously, find the balance after 4 years.

• A)$1,826.35
• B)$1,808.18
• C)$4,520.45
• D)$1,790.19
• E)$796.38

Comprehend the purpose and elements of effective planning in organizations.

Recognize the importance and components of a mission statement.

Distinguish between different organizational strategies based on their approach to change and innovation.

Understand the concept of objectives setting and its significance in planning.