If You Deposit $10,000 in a Savings Account at an Annual

question 107

Multiple Choice

If you deposit $10,000 in a savings account at an annual interest rate of 6%, how much will you have in the account at the end of three years?

• A)$8,396
• B)$11,800
• C)$11,910
• D)$10,600

Recognize the importance of writing in making certain agreements enforceable.

Identify the requirements for electronic records and signatures under E-Sign and the Uniform Electronic Transactions Act.

Distinguish between different rules associated with the interpretation and priority of contract terms.

Describe the role of the parol evidence rule in interpreting written contracts.