You Want to Open a Sushi Bar 3 Years from Now

question 104

Multiple Choice

You want to open a sushi bar 3 years from now, and you plan to save $7,000 per year, beginning immediately.You will make 3 deposits in an account that pays 5.2% interest.Under these assumptions, how much will you have 3 years from today?

• A) $20,993
• B) $22,098
• C) $23,261
• D) $24,424
• E) $25,645

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Definitions:

Creative Behaviour

Actions that result in new or innovative ideas, solutions, or outcomes.

Complex Innovations

Innovations characterized by multiple interdependent components that require coordinated implementation across different parts of an organization or society.

Diffuse

To spread or scatter over a wide area or among a large number of people.

Complex Innovations

Complex Innovations are advancements or creations that involve intricate processes, technologies, or ideas, often requiring interdisciplinary knowledge and collaboration.