Refer to the Table Representing Darcy's Bank Account

question 106

Multiple Choice

Refer to the table representing Darcy's bank account. If she deposited $1,000 into her account at the beginning of year 1 and made no further deposits or withdrawals, which cell(s) represents the future value(s) of the initial deposit if the money remains in the account for three years?

• A)cell B only
• B)cell A only
• C)cells A and D
• D)cells B and C

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Definitions:

Demand

A schedule of quantities of a good or service that people will buy at different prices; represented by D.

Domestic Interest Rates

The rate of interest charged by banks on loans and offered on deposits within a country's borders.

U.S. Investors

U.S. investors refer to individuals or entities within the United States that allocate capital with the expectation of receiving financial returns, engaging in activities like stock market investment, bonds, real estate, and more.

Foreign Investment

Investment by individuals, companies, or governments in assets or businesses located in another country.