If $100 Is Placed in an Account That Earns a Simple

question 19

Multiple Choice

If $100 is placed in an account that earns a simple 4 percent,compounded quarterly,what will it be worth in 5 years?

• A) $122.02
• B) $105.10
• C) $135.41
• D) $120.90
• E) $117.48

---

Definitions:

Universality

A principle or concept that is applicable or relevant across all situations, cultures, or contexts without exception.

Management Principles

Fundamental guidelines or rules for managing an organization effectively, often encompassing planning, organizing, leading, and controlling.

Archie Carroll

Archie Carroll is known for his work on corporate social responsibility (CSR), particularly for developing a pyramid model that outlines the responsibilities of businesses in society.

Responsibility Areas

Specific segments or domains within an organization or project for which individuals or teams are held accountable.