Use the Data in Table 3

question 2

Multiple Choice

Use the data in table 3.1 to answer the following question(s) :
Table 3.1
-Refer to Table 3.1 above. How much will you have if you deposit $1,000 each year for the next 5 years in an account paying 7%?

• A) $1,403
• B) $713
• C) $5,751
• D) $4,100

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Concise

Expressing much in few words; clear and succinct.

Barest Essentials

The most basic and fundamental components or requirements needed for something.

Goodwill

The intangible asset that arises as a result of the acquisition of one company by another for a premium value, representing factors like reputation, brand, and customer relations.

Survival

The ability of an entity, whether an individual, business, or species, to continue existence and maintain its functions in its environment.