You Want to Have $45,000 in Cash to Buy a Car

question 39

Multiple Choice

You want to have $45,000 in cash to buy a car 4 years from today.You expect to earn 4.5 percent,compounded annually,on your savings.How much do you need to deposit today if this is the only money you save for this purpose?

• A)$33,618.92
• B)$34,511.68
• C)$35,726.04
• D)$37,735.26
• E)$38,156.19

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Definitions:

Workplace Stress

The physical and emotional stress experienced by individuals due to work-related pressures and demands.

Building-Related Illness

An illness caused by exposure to the built environment, often related to inadequate ventilation, airborne pollutants, or mold, leading to specific health symptoms among building occupants.

Wellness Programs

Initiatives offered by employers to improve the health and well-being of their employees, often including physical fitness, mental health support, and nutritional advice.

Safety Competencies

Essential knowledge, skills, and attitudes required to perform tasks safely and effectively, minimizing risks and preventing accidents in the workplace.