On April 1, Alex Deposited $2,000 in an MMDA That

question 2

Multiple Choice

On April 1, Alex deposited $2,000 in an MMDA that pays 3% interest. On July 1, Alex invested $3,000 in a six-month CD that pays 6% interest. How much total interest will Alex have earned by December 31?

• A) $90.00
• B) $45.00
• C) $135.00
• D) $240.00

Create engaging and cognitively manageable slides for presentations.

Understand the importance of establishing credibility in a presentation.

Recognize the impact of effective introductions and conclusions in presentations.

Identify strategies for maintaining audience attention and interest.

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Definitions:

Foreign Trade Zone

Designated areas within a country where goods can be imported, stored, processed, and re-exported with reduced customs duties.

Maquiladora

is a factory in Mexico run by a foreign company, exporting its products to the company's country of origin, benefitting from lower labor costs.

Different Purpose

Describes aims or goals that are distinct or not aligned with one another, often requiring separate approaches or strategies.

Commercial Letters of Credit

Financial documents issued by a bank guaranteeing payments to a seller on behalf of the buyer, in international trade transactions.