If You Place $100 in a Bank Account That Pays

question 8

Multiple Choice

If you place $100 in a bank account that pays 6% at the end of each year,and you leave your $100 and all your interest in the bank,how much will you have in the bank at the end of seven years with annual compounding?

• A) (106)⁷.
• B) 7 ∗ (106).
• C) 100 ∗ (1.60)⁷.
• D) 100 ∗ (1.06)⁷.

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The obligation of companies to act in ways that benefit society at large, beyond their own interests or profit.

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The practice of meeting present needs without compromising the ability of future generations to meet their own needs, typically focusing on environmental, economic, and social sustainability.

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