What Is the Future Value of a Three-Year, $3,000 Deposit

question 216

Multiple Choice

What is the future value of a three-year, $3,000 deposit at 6 percent interest, when interest is compounded continuously?

• A)$3,045.00
• B)$3,540.00
• C)$3,573.05
• D)$3,591.65

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Definitions:

Common Health Problem

Refers to a health issue that is frequently encountered within a population, such as diabetes or hypertension.

Presenteeism

The act of attending work while sick, which can lead to decreased productivity and potential spread of illness.

Defence Mechanisms

Techniques used by people to handle reality and preserve their sense of self.

Hindrance Stressors

Work-related stressors that are perceived as obstacles to personal growth or achievement, such as role conflict or unnecessary restrictions.