If Kelly Deposits $10,000 into an Account That Pays 8

question 125

Multiple Choice

If Kelly deposits $10,000 into an account that pays 8 percent interest, compounded annually, and she makes no further deposits or withdrawals, how much will Kelly have in her account at the end of 5 years?

• A)$14,000
• B)$14,482
• C)$14,693
• D)$15,000

Identify types of contracts and their enforceability, including adhesion contracts, contracts implicating public policy, and unconscionable contracts.

Distinguish between regulatory licenses and revenue licenses and understand their implications.

Recognize the factors courts consider when enforcing non-compete clauses and agreements.

Understand the concept of usury and related state requirements.

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Definitions:

Fact Finding

An investigative process aimed at gathering information, often to resolve disputes or form policy.

Idea Finding

Idea finding refers to the process of discovering or generating new concepts, solutions, or strategies, often in the context of creativity and innovation.

Brainstorming

Brainstorming is a collaborative idea-generation technique that encourages participants to come up with a wide range of ideas on a specific topic, without immediate criticism or judgment.

Teams Competency

Relates to the skills and abilities required for effective team collaboration and performance.