Which of the Following Is the Correct Way to Compute

question 47

Multiple Choice

Which of the following is the correct way to compute the future value of $X that earns r percent interest for N years?

• A)$X(1 + rN)^N
• B)$X(1 + r)^N
• C)$X(1 + rN)
• D)$X(1 + r/N)N

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Definitions:

Kazimir Malevich

A Russian avant-garde artist and art theorist, best known for his development of the Suprematist movement, which emphasized basic geometric forms and pure artistic feeling.

Suprematist Theories

Artistic theories associated with the Suprematism movement, emphasizing basic geometric forms and the supremacy of pure artistic feeling over the depiction of objects.

Influenced

To have an effect on the character, development, or behavior of someone or something, or the effect itself.

Rectangular Format

A shape or layout that is longer in length than in height or width, common in paintings, photographs, and screens.