You Expect to Receive R1,000 at the End of Each

question 40

Multiple Choice

You expect to receive R1,000 at the end of each of the next 3 years.You will deposit these payments into an account which pays 10 percent compounded semi-annually.What is the future value of these payments, that is, the value at the end of the third year?

• A) R3,000
• B) R3,310
• C) R3,318
• D) R3,401
• E) R3,438

---

Definitions:

Earth Principle

Fundamental concepts or assumptions underlying the study and management of the Earth's environments and resources.

All Ecosystems

The comprehensive variety of biological communities and their physical contexts on Earth, from marine to terrestrial, each with its own network of organisms and environmental conditions.

Ethical Concern

Issues or situations that require a moral judgment, involving debates over right and wrong, often impacting decision-making in personal, societal, or professional contexts.

Animal Species

Groups of animals that share common characteristics and can breed amongst themselves, producing fertile offspring.