If Sandy Has $7,000 Today and Invests It for Five

question 16

Multiple Choice

If Sandy has $7,000 today and invests it for five years at a 5 percent interest rate,how much will she have in five years?

• A)$8,750
• B)$7,850
• C)$8,932
• D)$8,857

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Definitions:

House's Path-Goal Model

A theory that suggests a leader's behavior is contingent to the satisfaction, motivation, and performance of their subordinates, aiming to clarify paths to goal achievement.

Directive Leadership

A leadership style where the leader tells team members what to do, how to do it, and when it needs to be done, with little input from followers.

Supportive Leadership

A leadership style characterized by the provision of encouragement, feedback, and resources to help individuals or teams succeed.

Directive Leadership Style

A leadership approach where the leader tells team members what to do, how to do it, and when it needs to be done, with little input from them.