Complete the Following Chart, Which Illustrates What Happens to $16,000

question 16

Multiple Choice

Complete the following chart, which illustrates what happens to $16,000 invested at various rates of interest for different lengths of time but always compounded continuously. Round your answers to the nearest dollar. $$\begin{array} { | c | c | c | c | c | } \hline & \mathbf { 8 } \% & \mathbf { 1 0 } \% & \mathbf { 1 2 } \% & \mathbf { 1 4 } \% \\\hline 5 \text { years } & & & & \\\hline 8 \text { years } & & & & \\\hline 11 \text { years } & & & & \\\hline 14 \text { years } & & & & \\\hline 17 \text { years } & & & & \\\hline\end{array}$$

• A) \(\begin{array} { | c | c | c | c | c | }
• \hline & \mathbf { 8 } \% & \mathbf { 1 0 } \% & \mathbf { 1 2 } \% & \mathbf { 1 4 } \% \\
• \hline 5 \text { years } & 23869 & 26380 & 29154 & 32220 \\
• \hline 8 \text { years } & 30344 & 35609 & 41787 & 49038 \\
• \hline 11 \text { years } & 38574 & 48067 & 59895 & 74633 \\
• \hline 14 \text { years } & 49038 & 64883 & 85849 & 113589 \\
• \hline 17 \text { years } & 62339 & 87583 & 123050 & 172878 \\
• \hline
• \end{array}\)
• B) \(\begin{array} { | c | c | c | c | c | }
• \hline & \mathbf { 8 } \% & \mathbf { 1 0 } \% & \mathbf { 1 2 } \% & \mathbf { 1 4 } \% \\
• \hline 5 \text { years } & 32220 & 29154 & 26380 & 23869 \\
• \hline 8 \text { years } & 49038 & 41787 & 35609 & 30344 \\
• \hline 11 \text { years } & 74633 & 59895 & 48067 & 38574 \\
• \hline 14 \text { years } & 113589 & 85849 & 64883 & 49038 \\
• \hline 17 \text { years } & 172878 & 123050 & 87583 & 62339 \\
• \hline
• \end{array}\)
• C) \(\begin{array} { | c | c | c | c | c | }
• \hline & \mathbf { 8 } \% & \mathbf { 1 0 } \% & \mathbf { 1 2 } \% & \mathbf { 1 4 } \% \\
• \hline 5 \text { years } & 47738 & 52759 & 58308 & 64440 \\
• \hline 8 \text { years } & 60687 & 71217 & 83574 & 98075 \\
• \hline 11 \text { years } & 77149 & 96133 & 119789 & 149267 \\
• \hline 14 \text { years } & 98075 & 129766 & 171698 & 227178 \\
• \hline 17 \text { years } & 124678 & 175166 & 246099 & 345757 \\
• \hline
• \end{array}\)
• D) \(\begin{array} { | c | c | c | c | c | }
• \hline & \mathbf { 8 } \% & \mathbf { 1 0 } \% & \mathbf { 1 2 } \% & \mathbf { 1 4 } \% \\
• \hline 5 \text { years } & 11935 & 13190 & 14577 & 16110 \\
• \hline 8 \text { years } & 15172 & 17804 & 20894 & 24519 \\
• \hline 11 \text { years } & 19287 & 24033 & 29947 & 37317 \\
• \hline 14 \text { years } & 24519 & 32442 & 42924 & 56795 \\
• \hline 17 \text { years } & 31170 & 43792 & 61525 & 86439 \\
• \hline
• \end{array}\)
• E) \(\begin{array} { | c | c | c | c | c | }
• \hline & \mathbf { 8 } \% & \mathbf { 1 0 } \% & \mathbf { 1 2 } \% & \mathbf { 1 4 } \% \\
• \hline 5 \text { years } & 62339 & 87583 & 123050 & 172878 \\
• \hline 8 \text { years } & 49038 & 64883 & 85849 & 113589 \\
• \hline 11 \text { years } & 38574 & 48067 & 59895 & 74633 \\
• \hline 14 \text { years } & 30344 & 35609 & 41787 & 49038 \\
• \hline 17 \text { years } & 23869 & 26380 & 29154 & 32220 \\
• \hline
• \end{array}\)

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Definitions:

Decorative Sculptures

Art pieces designed primarily for aesthetic appeal and ornamental purposes, rather than functional use.

Routing

Phase of production control that determines the sequence of work throughout the facility and specifies who will perform each aspect of production at what location.

Production Control

The process of planning, coordinating, and controlling the manufacturing or production process in an organization.

Gantt Chart

A visual project management tool that outlines a project schedule, showing the start and finish dates of various elements.