Your Department at Work Places $8,000 Every Year-End into an Account

question 70

Multiple Choice

Your department at work places $8,000 every year-end into an account earning 5%.The money is used when the corporate office fails to fully finance your profitable projects.The money has not been touched since the first deposit was made exactly six years ago.If the most recent deposit was made today,how much money is currently in the account?

• A)$55,256.31
• B)$60,000.00
• C)$65,136.07
• D)$68,019.13

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Definitions:

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The process of creating engagement or enthusiasm among a target audience about a product, service, or concept.

Marketing Communication

The use of various tools and channels to deliver messages about a product or service to target customers, aiming to achieve business goals.

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Right Media

A digital advertising platform that enables advertisers, publishers, and digital media companies to buy and sell ad space in real time.