Samantha Opened a Savings Account This Morning

question 42

Multiple Choice

Samantha opened a savings account this morning.Her money will earn 5 percent interest,compounded annually.After five years,her savings account will be worth $5,600.Assume she will not make any withdrawals.Given this,which one of the following statements is true?

• A)Samantha deposited more than $5,600 this morning.
• B)The present value of Samantha's account is $5,600.
• C)Samantha could have deposited less money and still had $5,600 in five years if she could have earned 5.5 percent interest.
• D)Samantha would have had to deposit more money to have $5,600 in five years if she could have earned 6 percent interest.
• E)Samantha will earn an equal amount of interest every year for the next five years.

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Definitions:

Direct Distribution

A method where products are sold and delivered to consumers directly from the producer, bypassing intermediaries.

Marketing Intermediaries

are third-party firms or individuals that act as middlemen in the distribution process, connecting producers with consumers.

Physical Distribution

The set of activities concerned with moving products from the end of production to the end user, including transportation, warehousing, and inventory management.

Growth Stage

A phase in the life cycle of a business or product characterized by rapid revenue and customer base expansion, necessitating strategic planning for sustainability.