What Is the Future Value of $10,000 on Deposit for Five

question 119

Multiple Choice

What is the future value of $10,000 on deposit for five years at 6 percent simple interest?

• A)$7,472.58
• B)$10,303.62
• C)$13,000.00
• D)$13,382.26 FV = PV + (PV x r x t)

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Definitions:

Management Toward Labor

This refers to the approaches, policies, and practices that management adopts in dealing with its workforce, aiming at managing relationships between employers and employees effectively.

Labor Toward Management

The efforts and strategies employed by workers and their representatives to influence decision making and policy formulation within an organization.

Hardship Premium

Additional compensation or benefits provided to employees who work under difficult or undesirable conditions, often location-based.

Expatriate Manager

A manager who is working in a country other than their country of origin, often temporarily and for business purposes.