You Have $5,000 in a 36 Month Certificate of Deposit

question 5

Multiple Choice

You have $5,000 in a 36 month Certificate of Deposit that has an APR of 3.75%.If inflation averages 4.25% during these 36 months,what is the real return on your CD?

• A)3.75 percent
• B)8.0 percent
• C)Negative .50 percent
• D)Negative 8.0 percent

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Definitions:

Ecological Management

The practice of managing and conserving the natural environment and resources to sustain ecological balance and health.

Stream of Decisions

A continuous and evolving process of making choices among various options, often observed in the context of managerial and strategic business activities.

Substitute Products

Goods or services that can serve as replacements for each other, satisfying the same customer need or demand.

SWOT Analysis

A strategic planning tool used to identify the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.