Suppose You Had $1,000 and Were Deciding Between Two Investments

question 70

Essay

Suppose you had $1,000 and were deciding between two investments.One pays 5% a year for two years while the other pays 8% the first year and 2% the second year.Which investment would provide a higher return?

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Definitions:

Ineffective Job Behaviour

Actions or conduct by an employee that do not lead to the desired performance or outcomes in their role.

Supervisor

An individual who oversees and directs the work of other employees, ensuring tasks are completed efficiently and standards are met.

Cheque Clearance Policy

The set of rules and procedures that govern the process through which a cheque goes from being presented to a bank to the funds being made available in the recipient's account.

Behaviourally Anchored Rating Scales

A performance appraisal method that uses specific examples of behavior to rate employee performance against a scale.