A Deposit of $6,000 Saved in a CD for 10

question 139

Multiple Choice

A deposit of $6,000 saved in a CD for 10 years at 3% will be worth (select the closest answer)

• A) $7,340.
• B) $7,800.
• C) $8,040.
• D) $8,678.
• E) $9,005.

Acknowledge the role of feedback in the communication process.

Recognize the impact of digital communication's opportunities and challenges.

Understand the application and avoidance of jargon in business writing.

Understand the components and classifications of costs in manufacturing and service environments.

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Definitions:

Business Plan

A detailed document that outlines the objectives, strategies, financial projections, and operational guidelines for a new or existing business.

Business Plans

Detailed documents that outline the objectives, strategies, financial projections, and operational guidelines for starting and managing a business.

Potential Pitfalls

Refers to possible dangers or problems that might not be obvious at first and could hinder success.

Technical Skills

Competencies and knowledge required to perform specific tasks, often related to IT, engineering, or other specialized fields, involving practical expertise.