If You Put $1,000 in a Saving Account and Make

question 50

Multiple Choice

If you put $1,000 in a saving account and make no further deposits,what type of calculation would provide you with the value of the account in 20 years?

• A)future value of a single amount
• B)simple interest
• C)present value of a single amount
• D)present value of a series of deposits
• E)future value of a series of deposits

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Definitions:

Ethical Behavior

Conduct that is in accordance with accepted principles of right and wrong governing the conduct of a profession.

Bad Barrel

A metaphor implying that systemic issues within an organization or environment lead to unethical behaviour or corruption, not just individual 'bad apples'.

Corporate Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business organization.