The Value of $100 Left in a Certificate of Deposit

question 59

Multiple Choice

The value of $100 left in a certificate of deposit for four years that earns 4.5% annually will be:

• A) $120.00
• B) $119.25
• C) $117.00
• D) $145.00

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Definitions:

Relationship Communication

The exchange of information, feelings, and needs between partners in a relationship to enhance mutual understanding and connection.

Sternberg

Refers to Robert Sternberg, an American psychologist known for his theory on love and intelligence, including the Triarchic Theory of Intelligence.

Combinations of Passion

Possibly refers to the various ways in which individuals may experience and express deep feelings or enthusiasm towards people, activities, or interests.

Organizational Buyer

Entities such as companies, governments, and institutions that purchase goods or services for use in their operations, production, or resale.