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

question 4

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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Caller

An individual who makes a telephone call, often used in contexts ranging from customer service to emergency response.

Referrals

Recommendations or orders to see a specialist or to utilize specific services.

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A department within an organization or company that processes approvals for certain actions or transactions.

Emergency Preparedness

The process of planning and preparing for unexpected and potentially harmful events.