If You Were to Put $1,000 in the Bank at 6

question 3

Multiple Choice

If you were to put $1,000 in the bank at 6% interest each year for the next 10 years,which table would you use to find the ending balance in your account?

• A) Present value of $1
• B) Future value of $1
• C) Present value of an annuity of $1
• D) Compound sum of an annuity of $1

---

Definitions:

Related Tables

In databases, tables that are connected through one or more fields to enable joining of data based on those fields.

Establish Relationship

In databases, to establish a relationship means to define a connection between two tables based on matching key columns, facilitating data correlation.

Delete Query

A type of SQL query used to remove one or more records from a table in a database.

Table Records

Individual rows in a database table, each containing unique information.