The Future Value of $100 at a 5% Per Year

question 29

Multiple Choice

The future value of $100 at a 5% per year interest rate at the end of one year is:

• A) $95.00
• B) $105.00
• C) $97.50
• D) 107.50

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Definitions:

Small Business

A privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue compared to larger businesses.

Tree Stand

usually refers to a platform or structure designed to elevate the hunter above ground level during hunting activities.

Intellectual Capital

The intangible value of a business, specifically human knowledge, relationships, and organizational innovation that gives it a competitive edge.

Valuable Skills

Competencies or abilities considered highly useful or beneficial, especially in a job market context.