Your Employer Has Agreed to Place Year-End Deposits of $1,000,$2,000

question 110

Multiple Choice

Your employer has agreed to place year-end deposits of $1,000,$2,000 and $3,000 into your retirement account.The $1,000 deposit will be one year from today,the $2,000 deposit two years from today,and the $3,000 deposit three years from today.If your account earns 5% per year,how much money will you have in the account at the end of year three when the last deposit is made?

• A)$5,357.95
• B)$6,000
• C)$6,202.50
• D)$6,727.88

Analyze the potential problems associated with job enrichment and how they can be mitigated.

Explore new models of job design and their implications for organizational effectiveness.

Understand the principles of consumer behavior and utility maximization.

Comprehend the impact of price changes on the quantity demanded due to the law of diminishing marginal utility.

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Definitions:

Arabic Numbers

Arabic numbers are the ten digits (0, 1, 2, 3, 4, 5, 6, 7, 8, 9) used around the world today for denoting quantities.

Geographic Location

The specific physical place where something exists, characterized by coordinates like latitude and longitude, or a descriptive address or landmark.

Place Division

An organizational method that categorizes information based on geographical location or placement.

Parallelism

The use of components in sentences that are grammatically the same or similar in their construction, sound, meaning, or meter.