Use the Following Timeline to Answer the Question(s)below

question 69

Multiple Choice

Use the following timeline to answer the question(s) below.
0 1 2 3
$600 $1200 $1800
-At an annual interest rate of 7%,the future value of this timeline in year 3 is closest to:

• A)$3295
• B)$3600
• C)$3770
• D)$4035

---

Definitions:

5-point Rating Scale

A 5-point rating scale is a survey tool that asks respondents to rate a question or statement on a five-point scale, typically ranging from strongly disagree to strongly agree.

Person's Height

A measurement of how tall an individual is, often recorded in centimeters or feet and inches in medical, nutritional, and various scientific studies.

Production Output

The total quantity of goods and services produced by a company or industry over a specific period of time.

Material Costs

Expenses directly associated with the production of goods, including raw materials and components.