Which of the Following Has the Highest Future Value

question 161

Multiple Choice

Which of the following has the highest future value?

• A)$100 saved for 2 years at 10 percent interest
• B)$110 saved for 2 years at 9 percent interest
• C)$120 saved for 2 years at 8 percent interest
• D)$130 saved for 2 years at 7 percent interest

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Definitions:

Boards of Directors

A group of individuals elected to represent shareholders and make major decisions concerning the strategic direction of a company.

Shareholders

Individuals or entities that own shares in a corporation, giving them a claim on part of the company's assets and earnings.

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior, with its precise definition varying across jurisdictions.

Stewardship

The responsible management and care of resources or property, often with a focus on sustainability and ethical considerations.