Suppose You Deposited $250 at the End of 2011,2012,2013 and 2014.How

question 41

Multiple Choice

Suppose you deposited $250 at the end of 2011,2012,2013 and 2014.How much would you have in your account on 1 January 2015,based on annual compounding of 8% by your bank?

• A)$1025.25
• B)$1235.53
• C)$1183.53
• D)$1126.53

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Definitions:

Not-For-Profit Sectors

Segments of the economy that are organized and operated for purposes other than generating profit, focusing instead on social, cultural, or charitable missions.

Social Venture Capital

Investment funds allocated to startups and enterprises with the primary goal of generating social impact alongside financial returns.

Economic Development

The process by which the economic well-being and quality of life of a nation, region, or local community are improved through targeted initiatives.

Hybrid Models

Refers to systems or approaches that incorporate elements from two or more different models, methodologies, or technologies.