Donald Is a College Student Who Has $4,000 in Savings

question 31

Multiple Choice

Donald is a college student who has $4,000 in savings that he earned from his summer job.He plans to leave the $4,000 in a 6 percent certificate of deposit (CD) for three years,but his banker has asked Donald whether he wants the interest earned on the CD mailed to him at the end of each year or reinvested in the CD.Approximately how much more will Donald earn if he decides to reinvest the interest rather than withdrawing the interest income each year?

• A)$14
• B)$44
• C)$144
• D)$240

Identify the differences between corporate culture and organizational culture.

Reflect on the importance of core values in shaping the behavior of organization members.

Understand how strong cultures impact organizational values and performance objectives.

Acknowledge the role of diversity and value-based management in shaping organizational culture.

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Definitions:

Line Voltage

The voltage present in the electrical power distribution system, typically referring to the mains electricity supply voltage.

Grounding Connection

An electrical connection made to the earth or another large conducting body to establish a reference potential for circuitry.

Metal Enclosure

A protective casing made of metal used to house and protect electrical or mechanical equipment from environmental conditions, interference, or damage.

Reverse-Bias

A condition in semiconductor devices where the voltage applied is opposite in direction to the forward-bias, reducing the flow of current.